Empyrean Energy (LON:EME) Sets New 52-Week Low – What’s Next?

Empyrean Energy Plc (LON:EMEGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.24 ($0.00), with a volume of 35605445 shares changing hands. The stock had previously closed at GBX 0.20 ($0.00).

Empyrean Energy Trading Up 20.0 %

The business has a 50-day moving average of GBX 0.30 and a 200-day moving average of GBX 0.35. The stock has a market capitalization of £3.10 million, a price-to-earnings ratio of -20.00 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.

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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