Empyrean Energy (LON:EME) Reaches New 12-Month Low – Here’s Why

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00), with a volume of 722048 shares traded. The stock had previously closed at GBX 0.09 ($0.00).

Empyrean Energy Price Performance

The company has a debt-to-equity ratio of 145.70, a quick ratio of 0.01 and a current ratio of 0.09. The stock has a market cap of £1.14 million, a price-to-earnings ratio of -8.80 and a beta of 1.58. The firm’s 50-day simple moving average is GBX 0.15 and its two-hundred day simple moving average is GBX 0.25.

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 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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