Zenith Energy (LON:ZEN) Shares Up 10.2% – Still a Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s share price was up 10.2% on Friday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 1,246,442 shares changed hands during trading, a decline of 73% from the average daily volume of 4,549,268 shares. The stock had previously closed at GBX 5.90 ($0.07).

Zenith Energy Stock Performance

The stock’s fifty day moving average price is GBX 3.24 and its two-hundred day moving average price is GBX 2.08. The company has a market cap of £19.01 million, a P/E ratio of -77.78 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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