Zenith Energy (LON:ZEN) Shares Up 7.3% – Time to Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price shot up 7.3% during trading on Wednesday . The company traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.78 ($0.10). Approximately 259,893 shares changed hands during trading, a decline of 90% from the average session volume of 2,627,120 shares. The stock had previously closed at GBX 7.25 ($0.09).

Zenith Energy Stock Up 14.1 %

The firm’s 50-day moving average is GBX 8.29 and its 200 day moving average is GBX 4.44. The firm has a market capitalization of £71.05 million, a P/E ratio of -1.19 and a beta of 0.97. The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30.

About Zenith Energy

(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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