Empyrean Energy (LON:EME) Stock Price Passes Above 50-Day Moving Average of $1.13

Empyrean Energy Plc (LON:EME – Get Rating)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1.13 ($0.01) and traded as high as GBX 1.20 ($0.01). Empyrean Energy shares last traded at GBX 1.20 ($0.01), with a volume of 1,149,457 shares traded.

Empyrean Energy Trading Down 7.7 %

The company has a debt-to-equity ratio of 22.09, a quick ratio of 0.01 and a current ratio of 0.14. The firm’s fifty day simple moving average is GBX 1.13 and its 200-day simple moving average is GBX 1.06. The stock has a market cap of £9.46 million, a P/E ratio of -30.00 and a beta of 1.33.

Empyrean Energy Company Profile

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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 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100km2 in the West Natuna Basin, Indonesia.