Zenith Energy (LON:ZEN) Trading Up 9% – Here’s What Happened

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) rose 9% during mid-day trading on Tuesday . The company traded as high as GBX 7.68 ($0.10) and last traded at GBX 7.36 ($0.09). Approximately 2,060,549 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 3,515,202 shares. The stock had previously closed at GBX 6.75 ($0.09).

Zenith Energy Stock Up 13.8 %

The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40. The business’s fifty day simple moving average is GBX 7.13 and its 200 day simple moving average is GBX 3.44. The stock has a market cap of £65.98 million, a price-to-earnings ratio of -1.11 and a beta of 0.97.

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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