Zenith Energy (LON:ZEN) Trading Up 8.2% – Should You Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s share price traded up 8.2% during mid-day trading on Thursday . The company traded as high as GBX 5.30 ($0.07) and last traded at GBX 5.30 ($0.07). 706,640 shares were traded during mid-day trading, a decline of 75% from the average session volume of 2,844,602 shares. The stock had previously closed at GBX 4.90 ($0.06).

Zenith Energy Stock Performance

The stock has a market cap of £15.75 million, a price-to-earnings ratio of -64.44 and a beta of 0.97. The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40. The company has a 50 day simple moving average of GBX 2.26 and a 200 day simple moving average of GBX 1.77.

About Zenith Energy

(Get Free Report)

Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.

Further Reading

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