Empyrean Energy (LON:EME) Trading 8.3% Higher – Still a Buy?

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price shot up 8.3% on Wednesday . The stock traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.08 ($0.00). 23,011,246 shares traded hands during trading, a decline of 2% from the average session volume of 23,443,248 shares. The stock had previously closed at GBX 0.07 ($0.00).

Empyrean Energy Trading Down 17.9 %

The company has a market cap of £1.48 million, a PE ratio of -11.50 and a beta of 1.58. The company has a debt-to-equity ratio of 145.70, a quick ratio of 0.01 and a current ratio of 0.09. The company has a 50 day simple moving average of GBX 0.10 and a two-hundred day simple moving average of GBX 0.22.

Empyrean Energy Company Profile

(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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