Empyrean Energy Plc (LON:EME – Get Free Report)’s share price was down 15.7% on Wednesday . The stock traded as low as GBX 0.07 and last traded at GBX 0.07. 154,737,250 shares were traded during mid-day trading, an increase of 68% from the average session volume of 92,164,547 shares. The stock had previously closed at GBX 0.08.
Empyrean Energy Stock Performance
The company has a debt-to-equity ratio of -245.90, a quick ratio of 0.01 and a current ratio of 0.24. The business’s fifty day simple moving average is GBX 0.06 and its 200-day simple moving average is GBX 0.06. The company has a market capitalization of £4.00 million, a P/E ratio of -0.78 and a beta of 0.65.
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. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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