Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) rose 12.8% on Wednesday . The company traded as high as GBX 5.50 and last traded at GBX 5.08. 201,088 shares traded hands during trading, a decline of 84% from the average session volume of 1,271,835 shares. The stock had previously closed at GBX 4.50.
Zenith Energy Stock Up 12.8%
The firm has a market cap of £36.27 million, a PE ratio of -1.45 and a beta of 0.41. The company has a debt-to-equity ratio of 73.90, a quick ratio of 0.92 and a current ratio of 1.31. The firm’s 50-day moving average price is GBX 6.35 and its two-hundred day moving average price is GBX 5.08.
About Zenith Energy
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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