Empyrean Energy (LON:EME) Shares Down 8.9% – Should You Sell?

Empyrean Energy Plc (LON:EMEGet Free Report) shares fell 8.9% during mid-day trading on Tuesday . The stock traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.15 ($0.00). 235,985,250 shares traded hands during mid-day trading, an increase of 43% from the average session volume of 165,313,172 shares. The stock had previously closed at GBX 0.17 ($0.00).

Empyrean Energy Stock Down 4.8 %

The company has a current ratio of 0.09, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70. The company has a market capitalization of £2.06 million, a price-to-earnings ratio of -16.00 and a beta of 1.58. The firm’s 50 day simple moving average is GBX 0.10 and its 200-day simple moving average is GBX 0.21.

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.

Further Reading

Receive News & Ratings for Empyrean Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empyrean Energy and related companies with MarketBeat.com's FREE daily email newsletter.