Empyrean Energy (LON:EME) Stock Price Crosses Below 200 Day Moving Average of $0.87

Shares of Empyrean Energy Plc (LON:EMEGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.87 ($0.01) and traded as low as GBX 0.73 ($0.01). Empyrean Energy shares last traded at GBX 0.74 ($0.01), with a volume of 1,290,595 shares trading hands.

Empyrean Energy Price Performance

The company has a debt-to-equity ratio of 248.41, a current ratio of 0.01 and a quick ratio of 0.01. The firm has a fifty day moving average of GBX 0.80 and a two-hundred day moving average of GBX 0.87. The stock has a market capitalization of £7.14 million, a P/E ratio of -37.10 and a beta of 1.48.

Insider Activity at Empyrean Energy

In other news, insider Thomas Kelly acquired 2,109,375 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £21,093.75 ($25,904.15). 49.63% of the stock is currently owned by corporate insiders.

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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