Tom Reynolds Sells 103,300 Shares of Zephyr Energy (LON:ZPHR) Stock

Zephyr Energy plc (LON:ZPHR) insider Tom Reynolds sold 103,300 shares of the company’s stock in a transaction dated Monday, January 19th. The shares were sold at an average price of GBX 3, for a total transaction of £3,099.

Tom Reynolds also recently made the following trade(s):

• On Monday, January 19th, Tom Reynolds bought 466,667 shares of Zephyr Energy stock. The stock was acquired at an average price of GBX 3 per share, with a total value of £14,000.01.
• On Monday, January 19th, Tom Reynolds purchased 1,033,000 shares of Zephyr Energy stock. The stock was acquired at an average cost of GBX 3 per share, for a total transaction of £30,990.

Zephyr Energy Stock Performance

Shares of ZPHR stock traded down GBX 0.32 during trading on Tuesday, reaching GBX 2.53. 4,095,677 shares of the company’s stock traded hands, compared to its average volume of 4,458,250. The firm’s 50-day moving average is GBX 2.52 and its 200 day moving average is GBX 2.79. The company has a market capitalization of £53.15 million, a P/E ratio of -1.50 and a beta of 0.77. Zephyr Energy plc has a 1 year low of GBX 2.20 and a 1 year high of GBX 5.84. The company has a current ratio of 0.45, a quick ratio of 0.87 and a debt-to-equity ratio of 42.73.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ZPHR shares. Liberum Capital lifted their price target on Zephyr Energy from GBX 10.30 to GBX 11.20 and gave the company a “buy” rating in a research report on Friday, October 10th. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 11 target price on shares of Zephyr Energy in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Zephyr Energy has a consensus rating of “Buy” and a consensus price target of GBX 11.10.

Zephyr Energy Company Profile

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company’s mission is rooted in two core values: to be responsible stewards of its investors’ capital, and to be responsible stewards of the environment in which it works.

Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe.

In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana.