Zephyr Energy (LON:ZPHR) Given “Buy” Rating at Canaccord Genuity Group

Zephyr Energy (LON:ZPHR)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 13 ($0.16) price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 405.05% from the stock’s current price.

Zephyr Energy Price Performance

Shares of LON ZPHR opened at GBX 2.57 ($0.03) on Wednesday. Zephyr Energy has a 1-year low of GBX 2.03 ($0.03) and a 1-year high of GBX 6 ($0.08). The business has a 50-day moving average of GBX 3.21 and a 200-day moving average of GBX 4.09. The company has a debt-to-equity ratio of 42.73, a current ratio of 0.45 and a quick ratio of 0.87. The company has a market capitalization of £45.05 million, a price-to-earnings ratio of 278.00 and a beta of 0.77.

Zephyr Energy Company Profile

Zephyr Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas resources in the United States. Its flagship property is the Paradox Basin, which covers an area of approximately 45,000 gross acres located in Utah, the United States; and holds property in Williston Basin, North Dakota.