Empyrean Energy (LON:EME) Trading Up 11.1% – What’s Next?

Empyrean Energy Plc (LON:EMEGet Free Report) shares were up 11.1% during trading on Thursday . The stock traded as high as GBX 0.05 and last traded at GBX 0.05. Approximately 588,421,188 shares traded hands during mid-day trading, an increase of 250% from the average daily volume of 167,955,344 shares. The stock had previously closed at GBX 0.05.

Empyrean Energy Stock Performance

The company has a debt-to-equity ratio of -174.21, a quick ratio of 0.01 and a current ratio of 0.09. The stock’s 50-day simple moving average is GBX 0.07 and its two-hundred day simple moving average is GBX 0.06. The stock has a market cap of £2.40 million, a price-to-earnings ratio of -0.23 and a beta of 1.58.

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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