Zenith Energy (LON:ZEN) Shares Up 13.9% – Here’s What Happened

Zenith Energy Ltd. (LON:ZEN)’s stock price rose 13.9% during trading on Thursday . The company traded as high as GBX 9 ($0.11) and last traded at GBX 9 ($0.11). Approximately 471,433 shares were traded during trading, a decline of 88% from the average daily volume of 3,911,237 shares. The stock had previously closed at GBX 7.90 ($0.10).

Zenith Energy Stock Up 10.8 %

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 50 day simple moving average of GBX 6.09 and a 200 day simple moving average of GBX 3.03. The company has a market capitalization of £75.18 million, a price-to-earnings ratio of -1.26 and a beta of 0.97.

About Zenith Energy

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).