Zenith Energy (LON:ZEN) Hits New 1-Year High – Still a Buy?

Zenith Energy Ltd. (LON:ZEN)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as GBX 6.30 ($0.08) and last traded at GBX 6.20 ($0.08), with a volume of 5078179 shares traded. The stock had previously closed at GBX 6.10 ($0.07).

Zenith Energy Stock Performance

The company has a fifty day moving average of GBX 2.52 and a two-hundred day moving average of GBX 1.85. The stock has a market capitalization of £16.84 million, a P/E ratio of -68.89 and a beta of 0.97. The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 and a quick ratio of 0.92.

About Zenith Energy

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).