Shares of Empyrean Energy Plc (LON:EME – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.06 and traded as low as GBX 0.06. Empyrean Energy shares last traded at GBX 0.06, with a volume of 22,270,203 shares trading hands.
Empyrean Energy Stock Performance
The stock has a 50 day moving average of GBX 0.06 and a 200 day moving average of GBX 0.06. The company has a market capitalization of £2.97 million, a price-to-earnings ratio of -0.58 and a beta of 0.65. The company has a quick ratio of 0.01, a current ratio of 0.24 and a debt-to-equity ratio of -245.90.
About Empyrean Energy
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. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California.
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