Empyrean Energy (LON:EME) Trading Up 23.2% – Here’s What Happened

Empyrean Energy Plc (LON:EME)’s stock price traded up 23.2% during mid-day trading on Thursday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.15 ($0.00). 642,341,625 shares were traded during mid-day trading, an increase of 275% from the average session volume of 171,337,250 shares. The stock had previously closed at GBX 0.13 ($0.00).

Empyrean Energy Trading Up 1.4 %

The business’s 50 day simple moving average is GBX 0.13 and its 200 day simple moving average is GBX 0.16. The company has a debt-to-equity ratio of -174.21, a current ratio of 0.09 and a quick ratio of 0.01. The stock has a market cap of £5.83 million, a P/E ratio of -0.07 and a beta of 1.58.

Empyrean Energy Company Profile

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.