Empyrean Energy (LON:EME) Stock Price Down 19%

Empyrean Energy Plc (LON:EME)’s stock price traded down 19% on Thursday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 3,411,865 shares changed hands during trading, a decline of 19% from the average session volume of 4,207,015 shares. The stock had previously closed at GBX 0.50 ($0.01).

Empyrean Energy Trading Down 20.0 %

The stock has a market capitalization of £5.07 million, a PE ratio of -33.00 and a beta of 1.44. The company has a current ratio of 0.08, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70. The business’s 50-day moving average is GBX 0.57 and its two-hundred day moving average is GBX 0.60.

Insider Transactions at Empyrean Energy

In other news, insider John Laycock acquired 3,100,000 shares of the stock in a transaction on Thursday, April 4th. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £31,000 ($38,944.72). Company insiders own 29.10% of the company’s stock.

Empyrean Energy Company Profile

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.