Zenith Energy (LON:ZEN) Reaches New 52-Week High – Here’s Why

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.02 ($0.04), with a volume of 5042030 shares changing hands. The stock had previously closed at GBX 2.44 ($0.03).

Zenith Energy Price Performance

The firm has a market capitalization of £8.20 million, a price-to-earnings ratio of -33.56 and a beta of 0.97. The stock’s fifty day moving average price is GBX 1.51 and its two-hundred day moving average price is GBX 1.55. The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.

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