Empyrean Energy (LON:EME) Shares Down 8.1% – Time to Sell?

Empyrean Energy Plc (LON:EME) fell 8.1% on Friday . The stock traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 297,060,125 shares were traded during mid-day trading, an increase of 101% from the average session volume of 147,886,781 shares. The stock had previously closed at GBX 0.12 ($0.00).

Empyrean Energy Trading Down 11.4 %

The company has a market capitalization of £4.41 million, a price-to-earnings ratio of -0.05 and a beta of 1.58. The firm has a fifty day moving average price of GBX 0.12 and a 200-day moving average price of GBX 0.17. The company has a debt-to-equity ratio of -174.21, a quick ratio of 0.01 and a current ratio of 0.09.

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.