Zenith Energy (ZEN) Stock Price Up 8.1%
Shares of Zenith Energy Ltd (LON:ZEN) were up 8.1% during trading on Thursday . The stock traded as high as GBX 3.20 ($0.04) and last traded at GBX 3.14 ($0.04). Approximately 1,120,755 shares traded hands during trading, an increase of 53% from the average daily volume of 731,396 shares. The stock had previously closed at GBX 2.90 ($0.04).
The firm has a market capitalization of $7.35 million and a P/E ratio of -0.48. The company has a current ratio of 0.45, a quick ratio of 0.43 and a debt-to-equity ratio of 0.98.
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Zenith Energy Ltd., together with its subsidiaries, explores for, develops, and produces oil and natural gas in Azerbaijan and Italy. It explores for oil and gas in central Asia; and produces electricity and condensate. The company holds interests in three petroleum producing onshore fields, as well as gas producing assets in Azerbaijan.
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