Empyrean Energy (LON:EME) Shares Down 6.6%

Empyrean Energy Plc (LON:EME) traded down 6.6% during trading on Tuesday . The company traded as low as GBX 0.29 ($0.00) and last traded at GBX 0.30 ($0.00). 1,999,247 shares were traded during mid-day trading, a decline of 77% from the average session volume of 8,594,729 shares. The stock had previously closed at GBX 0.32 ($0.00).

Empyrean Energy Stock Performance

The company has a quick ratio of 0.01, a current ratio of 0.08 and a debt-to-equity ratio of 145.70. The firm has a 50-day moving average of GBX 0.32 and a 200 day moving average of GBX 0.41. The stock has a market capitalization of £4.00 million, a P/E ratio of -33.00 and a beta of 1.58.

About Empyrean Energy

Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia.