Zenith Energy Ltd. (LON:ZEN – Get Free Report) traded up 12.9% during mid-day trading on Tuesday. The company traded as high as GBX 4.54 and last traded at GBX 4.29. 5,699,127 shares were traded during trading, an increase of 390% from the average daily volume of 1,163,384 shares. The stock had previously closed at GBX 3.80.
Zenith Energy Trading Up 12.9%
The stock has a market cap of £33.44 million, a P/E ratio of -0.98 and a beta of 0.41. The company has a debt-to-equity ratio of 60.05, a current ratio of 1.87 and a quick ratio of 0.92. The firm’s 50 day moving average price is GBX 4.30 and its 200-day moving average price is GBX 4.97.
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).
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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