Empyrean Energy (LON:EME) Trading Up 23.2% – Still a Buy?

Empyrean Energy Plc (LON:EMEGet Free Report)’s share price traded up 23.2% during trading on Thursday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.15 ($0.00). 642,341,625 shares changed hands during mid-day trading, an increase of 275% from the average session volume of 171,337,250 shares. The stock had previously closed at GBX 0.13 ($0.00).

Empyrean Energy Stock Up 1.4 %

The company has a market cap of £5.83 million, a P/E ratio of -0.07 and a beta of 1.58. The company has a debt-to-equity ratio of -174.21, a current ratio of 0.09 and a quick ratio of 0.01. The stock has a fifty day moving average price of GBX 0.13 and a two-hundred day moving average price of GBX 0.16.

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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