Zenith Energy (LON:ZEN) Trading 12.3% Higher – Still a Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price shot up 12.3% on Monday . The stock traded as high as GBX 3.50 and last traded at GBX 3.20. 1,257,438 shares traded hands during trading, a decline of 2% from the average session volume of 1,283,840 shares. The stock had previously closed at GBX 2.85.

Zenith Energy Price Performance

The stock’s 50 day simple moving average is GBX 3.44 and its 200-day simple moving average is GBX 7.48. 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 has a market cap of £16.13 million, a price-to-earnings ratio of 9.70 and a beta of 0.97.

About Zenith Energy

(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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