Zenith Energy (LON:ZEN) Trading 8.2% Higher – What’s Next?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) shot up 8.2% on Thursday . The company traded as high as GBX 5.30 ($0.06) and last traded at GBX 5.30 ($0.06). 706,640 shares were traded during 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 Price Performance

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 business’s 50-day moving average price is GBX 2.52 and its two-hundred day moving average price is GBX 1.85. The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 and a quick ratio of 0.92.

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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