Zenith Energy (LON:ZEN) Trading 10.2% Higher – Should You Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s share price was up 10.2% on Friday . The stock traded as high as GBX 8.80 ($0.11) and last traded at GBX 8.76 ($0.11). Approximately 1,479,478 shares were traded during trading, a decline of 70% from the average daily volume of 4,940,894 shares. The stock had previously closed at GBX 7.95 ($0.10).

Zenith Energy Stock Performance

The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30. The firm’s 50-day moving average price is GBX 4.70 and its two-hundred day moving average price is GBX 2.56. The firm has a market capitalization of £23.90 million, a price-to-earnings ratio of -97.78 and a beta of 0.97.

Zenith Energy Company Profile

(Get Free Report)

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).

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