Zenith Energy (LON:ZEN) Reaches New 52-Week High – Here’s Why

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.02 ($0.04), with a volume of 5042030 shares traded. The stock had previously closed at GBX 2.44 ($0.03).

Zenith Energy Price Performance

The company’s 50-day simple moving average is GBX 1.51 and its 200-day simple moving average is GBX 1.55. The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30. The company has a market capitalization of £8.20 million, a PE ratio of -33.56 and a beta of 0.97.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.

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