Empyrean Energy (LON:EME) Trading Up 17.5%

Empyrean Energy Plc (LON:EMEGet Free Report) traded up 17.5% on Wednesday . The stock traded as high as GBX 0.39 ($0.00) and last traded at GBX 0.36 ($0.00). 9,133,966 shares changed hands during mid-day trading, an increase of 86% from the average session volume of 4,908,009 shares. The stock had previously closed at GBX 0.31 ($0.00).

Empyrean Energy Price Performance

The stock has a 50 day moving average of GBX 0.49 and a 200-day moving average of GBX 0.56. The stock has a market capitalization of £5.38 million, a P/E ratio of -33.00 and a beta of 1.47. The company has a current ratio of 0.08, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70.

Insider Transactions at Empyrean Energy

In related news, insider John Laycock purchased 3,100,000 shares of Empyrean Energy stock in a transaction that occurred on Thursday, April 4th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £31,000 ($39,591.32). Corporate insiders own 29.10% of the company’s stock.

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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