Empyrean Energy (LON:EME) Hits New 1-Year Low – Here’s Why

Empyrean Energy Plc (LON:EMEGet Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.08 ($0.00), with a volume of 23011246 shares trading hands. The stock had previously closed at GBX 0.07 ($0.00).

Empyrean Energy Price Performance

The company has a market cap of £1.81 million, a PE ratio of -14.00 and a beta of 1.58. The firm’s 50-day moving average is GBX 0.10 and its 200-day moving average is GBX 0.22. The company has a quick ratio of 0.01, a current ratio of 0.09 and a debt-to-equity ratio of 145.70.

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.

Further Reading

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