Empyrean Energy (LON:EME) Stock Price Up 15.9% – Time to Buy?

Empyrean Energy Plc (LON:EMEGet Free Report) shot up 15.9% during trading on Wednesday . The stock traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 195,509,234 shares changed hands during trading, an increase of 6% from the average session volume of 185,157,125 shares. The stock had previously closed at GBX 0.11 ($0.00).

Empyrean Energy Stock Performance

The company’s 50-day moving average is GBX 0.13 and its two-hundred day moving average is GBX 0.15. The company has a market capitalization of £5.26 million, a P/E ratio of -0.06 and a beta of 1.58. The company has a quick ratio of 0.01, a current ratio of 0.09 and a debt-to-equity ratio of -174.21.

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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