Zenith Energy (LON:ZEN) Shares Up 8.2% – Time to Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report) traded up 8.2% during mid-day trading on Thursday . The stock traded as high as GBX 5.30 ($0.06) and last traded at GBX 5.30 ($0.06). 706,640 shares were traded during mid-day trading, a decline of 75% from the average session volume of 2,844,602 shares. The stock had previously closed at GBX 4.90 ($0.06).

Zenith Energy Stock Up 1.6 %

The firm has a market cap of £16.84 million, a price-to-earnings ratio of -68.89 and a beta of 0.97. The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40. The stock has a 50-day moving average of GBX 2.52 and a 200-day moving average of GBX 1.85.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in Tunisia, Italy and the Republic of Congo.

The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

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