Empyrean Energy (LON:EME) Stock Price Crosses Below Two Hundred Day Moving Average of $1.20

Empyrean Energy Plc (LON:EMEGet Rating) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.20 ($0.01) and traded as low as GBX 0.96 ($0.01). Empyrean Energy shares last traded at GBX 0.96 ($0.01), with a volume of 2,840,579 shares.

Empyrean Energy Trading Down 12.7 %

The company has a market cap of £7.57 million and a price-to-earnings ratio of -4.80. The firm has a 50-day moving average price of GBX 1.06 and a 200 day moving average price of GBX 1.20. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 22.09.

About Empyrean Energy

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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 10% working interest in the Duyung production sharing contract that covers an area of approximately 1,100km2 in the West Natuna Basin, Indonesia.

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