Empyrean Energy (LON:EME) Share Price Passes Below 200 Day Moving Average of $0.00

Empyrean Energy Plc. (LON:EME) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $8.60. Empyrean Energy shares last traded at $8.60, with a volume of 334,793 shares trading hands.

The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 13.11. The stock’s 50-day moving average is GBX 8.92. The firm has a market cap of $37.34 million and a price-to-earnings ratio of 14.67.

Empyrean Energy Company Profile (LON:EME)

Empyrean Energy Plc engages in the exploration, development, and production of oil and gas properties. 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.

Further Reading: Understanding Analyst Recommendations

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