Empyrean Energy (LON:EME) Sets New 1-Year Low – Here’s What Happened

Shares of Empyrean Energy Plc (LON:EMEGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.24 ($0.00), with a volume of 28866840 shares trading hands. The stock had previously closed at GBX 0.25 ($0.00).

Empyrean Energy Stock Performance

The stock has a market capitalization of £2.71 million, a P/E ratio of -20.95 and a beta of 1.58. The company has a debt-to-equity ratio of 145.70, a quick ratio of 0.01 and a current ratio of 0.09. The firm’s fifty day simple moving average is GBX 0.29 and its 200 day simple moving average is GBX 0.34.

About Empyrean Energy

(Get Free Report)

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.

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