Zenith Energy (LON:ZEN) Shares Up 9% – Time to Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares 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 0.8 %

The firm has a market cap of £71.48 million, a PE ratio of -1.20 and a beta of 0.97. 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 business has a fifty day moving average price of GBX 7.33 and a two-hundred day moving average price of GBX 3.52.

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).

Featured Articles

Receive News & Ratings for Zenith Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zenith Energy and related companies with MarketBeat.com's FREE daily email newsletter.