Empyrean Energy (LON:EME) Trading Up 35.3%

Empyrean Energy Plc (LON:EMEGet Free Report) shares were up 35.3% during trading on Monday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.46 ($0.01). Approximately 23,268,064 shares traded hands during mid-day trading, an increase of 180% from the average daily volume of 8,321,288 shares. The stock had previously closed at GBX 0.34 ($0.00).

Empyrean Energy Trading Up 35.3 %

The company has a current ratio of 0.08, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70. The stock has a market capitalization of £5.93 million, a price-to-earnings ratio of -33.00 and a beta of 1.55. The firm has a 50-day moving average of GBX 0.32 and a 200 day moving average of GBX 0.43.

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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