Empyrean Energy Plc (LON:EME – Get Free Report) rose 8.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 23,011,246 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 23,443,248 shares. The stock had previously closed at GBX 0.07 ($0.00).
Empyrean Energy Stock Performance
The stock’s 50-day moving average price is GBX 0.10 and its 200 day moving average price is GBX 0.22. The firm has a market cap of £1.10 million, a P/E ratio of -8.50 and a beta of 1.58. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.09 and a quick ratio of 0.01.
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.
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