Empyrean Energy (LON:EME) Reaches New 1-Year Low – Here’s What Happened

Empyrean Energy Plc (LON:EME) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.10 ($0.00), with a volume of 49329184 shares changing hands. The stock had previously closed at GBX 0.10 ($0.00).

Empyrean Energy Trading Down 3.9 %

The firm has a fifty day moving average price of GBX 0.20 and a 200-day moving average price of GBX 0.28. The company has a market capitalization of £1.28 million, a price-to-earnings ratio of -9.90 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

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.