Zenith Energy (LON:ZEN) Trading Up 10.2% – Here’s What Happened

Zenith Energy Ltd. (LON:ZEN)’s stock price was up 10.2% during mid-day trading on Friday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 1,246,442 shares were traded during trading, a decline of 73% from the average daily volume of 4,549,268 shares. The stock had previously closed at GBX 5.90 ($0.07).

Zenith Energy Stock Performance

The stock has a 50 day simple moving average of GBX 3.24 and a 200 day simple moving average of GBX 2.08. The stock has a market cap of £19.01 million, a P/E ratio of -77.78 and a beta of 0.97. The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40.

Zenith Energy Company Profile

Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in Tunisia, Italy and the Republic of Congo.

The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).