Empyrean Energy (LON:EME) Trading Up 6.3%

Empyrean Energy Plc (LON:EME)’s share price was up 6.3% during mid-day trading on Monday . The company traded as high as GBX 0.32 ($0.00) and last traded at GBX 0.32 ($0.00). Approximately 9,610,505 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 8,179,257 shares. The stock had previously closed at GBX 0.30 ($0.00).

Empyrean Energy Trading Down 3.8 %

The business’s fifty day moving average is GBX 0.37 and its 200-day moving average is GBX 0.49. The stock has a market capitalization of £3.58 million, a PE ratio of -33.00 and a beta of 1.47. The company has a quick ratio of 0.01, a current ratio of 0.08 and a debt-to-equity ratio of 145.70.

Insiders Place Their Bets

In other Empyrean Energy news, insider John Laycock acquired 3,100,000 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £31,000 ($39,210.73). 29.10% of the stock is owned by insiders.

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.