Empyrean Energy (LON:EME) Trading Up 17.9% – Time to Buy?

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price was up 17.9% on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 410,453,656 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 182,265,547 shares. The stock had previously closed at GBX 0.03 ($0.00).

Empyrean Energy Stock Up 17.9%

The firm has a market cap of £1.33 million, a P/E ratio of -0.02 and a beta of 1.58. The firm’s 50 day moving average is GBX 0.10 and its two-hundred day moving average is GBX 0.11. The company has a current ratio of 0.09, a quick ratio of 0.01 and a debt-to-equity ratio of -174.21.

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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