Zenith Energy (LON:ZEN) Sets New 52-Week High – Time to Buy?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 6.30 ($0.08) and last traded at GBX 6.20 ($0.08), with a volume of 5078179 shares trading hands. The stock had previously closed at GBX 6.10 ($0.08).

Zenith Energy Price Performance

The stock’s fifty day moving average price is GBX 2.42 and its 200-day moving average price is GBX 1.82. The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 and a quick ratio of 0.92. The firm has a market cap of £16.84 million, a price-to-earnings ratio of -68.89 and a beta of 0.97.

Zenith Energy Company Profile

(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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