Zenith Energy Ltd. (LON:ZEN – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 6.58 and traded as low as GBX 4.90. Zenith Energy shares last traded at GBX 5.10, with a volume of 61,735 shares changing hands.
Zenith Energy Price Performance
The business’s 50-day moving average price is GBX 6.58 and its 200 day moving average price is GBX 5.06. The stock has a market capitalization of £35.34 million, a PE ratio of -1.41 and a beta of 0.41. The company has a debt-to-equity ratio of 73.90, a quick ratio of 0.92 and a current ratio of 1.31.
About Zenith Energy
The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).
Zenith’s strategic focus is on pursuing transformational opportunities in Africa and Europe through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.
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