Zenith Energy (LON:ZEN) Stock Price Up 21.2% – Time to Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares were up 21.2% during mid-day trading on Thursday . The stock traded as high as GBX 10.20 ($0.13) and last traded at GBX 10 ($0.12). Approximately 11,589,045 shares traded hands during mid-day trading, an increase of 136% from the average daily volume of 4,908,629 shares. The stock had previously closed at GBX 8.25 ($0.10).

Zenith Energy Trading Up 4.5 %

The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40. The business’s fifty day moving average is GBX 3.87 and its 200-day moving average is GBX 2.29. The stock has a market capitalization of £28.36 million, a PE ratio of -116.06 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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