Zephyr Energy (LON:ZPHR) Stock Price Down 5.1% – Here’s Why

Shares of Zephyr Energy plc (LON:ZPHR) fell 5.1% on Tuesday . The company traded as low as GBX 3.26 and last traded at GBX 3.47. 3,441,302 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 4,613,490 shares. The stock had previously closed at GBX 3.65.

Zephyr Energy Stock Performance

The company has a market capitalization of £72.79 million, a price-to-earnings ratio of -2.05 and a beta of 0.77. The company has a current ratio of 0.45, a quick ratio of 0.87 and a debt-to-equity ratio of 42.73. The stock’s fifty day simple moving average is GBX 2.67 and its 200-day simple moving average is GBX 2.79.

Insider Buying and Selling at Zephyr Energy

In other news, insider Tom Reynolds sold 103,300 shares of the stock in a transaction on Monday, January 19th. The stock was sold at an average price of GBX 3, for a total value of £3,099. Corporate insiders own 6.37% of the company’s stock.

Zephyr Energy Company Profile

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company’s mission is rooted in two core values: to be responsible stewards of its investors’ capital, and to be responsible stewards of the environment in which it works.

Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe.

In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana.