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