Empyrean Energy (LON:EME) Reaches New 12-Month Low – Time to Sell?

by · The Cerbat Gem

Shares of Empyrean Energy Plc (LON:EME – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00), with a volume of 62534703 shares traded. The stock had previously closed at GBX 0.12 ($0.00).

Empyrean Energy Stock Down 0.8 %

The company has a market cap of £1.59 million, a P/E ratio of -12.40 and a beta of 1.58. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.09 and a quick ratio of 0.01. The company has a 50 day moving average of GBX 0.26 and a 200-day moving average of GBX 0.32.

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.

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