Empyrean Energy (LON:EME) Share Price Crosses Below Two Hundred Day Moving Average of $4.85

Shares of Empyrean Energy Plc (LON:EMEGet Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.85 ($0.06) and traded as low as GBX 1.19 ($0.01). Empyrean Energy shares last traded at GBX 1.26 ($0.02), with a volume of 1,519,308 shares.

Empyrean Energy Trading Up 2.0 %

The business has a 50 day moving average of GBX 1.26 and a two-hundred day moving average of GBX 4.85. The company has a debt-to-equity ratio of 12.41, a quick ratio of 16.50 and a current ratio of 16.50. The firm has a market capitalization of £9.93 million and a price-to-earnings ratio of -6.30.

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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