Empyrean Energy (LON:EME) Shares Cross Below Two Hundred Day Moving Average of $0.59

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.59 ($0.01) and traded as low as GBX 0.37 ($0.00). Empyrean Energy shares last traded at GBX 0.37 ($0.00), with a volume of 3,250,948 shares.

Empyrean Energy Stock Up 7.8 %

The firm has a market cap of £5.12 million, a price-to-earnings ratio of -33.00 and a beta of 1.47. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.08 and a quick ratio of 0.01. The stock has a 50-day moving average of GBX 0.53 and a 200-day moving average of GBX 0.59.

Insider Buying and Selling

In other Empyrean Energy news, insider John Laycock bought 3,100,000 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £31,000 ($38,934.94). 29.10% of the stock is currently owned by company insiders.

About Empyrean Energy

(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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