Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) passed 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 traded.
Zenith Energy Price Performance
The firm has a market capitalization of £35.74 million, a PE ratio of -1.43 and a beta of 0.41. The company has a debt-to-equity ratio of 73.90, a current ratio of 1.31 and a quick ratio of 0.92. The business’s 50 day moving average is GBX 6.53 and its two-hundred day moving average is GBX 5.06.
Zenith Energy Company Profile
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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