Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) traded down 6.9% on Tuesday . The stock traded as low as GBX 4.30 and last traded at GBX 4.66. 16,485,246 shares were traded during mid-day trading, an increase of 1,126% from the average session volume of 1,344,541 shares. The stock had previously closed at GBX 5.
Zenith Energy Stock Down 6.9%
The stock has a 50 day moving average price of GBX 4.59 and a 200 day moving average price of GBX 5.36. The company has a debt-to-equity ratio of 60.05, a quick ratio of 0.92 and a current ratio of 1.87. The company has a market capitalization of £35.61 million, a P/E ratio of -1.07 and a beta of 0.41.
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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