Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) were up 59.4% during trading on Thursday . The company traded as high as GBX 2.74 ($0.03) and last traded at GBX 2.55 ($0.03). Approximately 1,869,250 shares changed hands during trading, an increase of 1,330% from the average daily volume of 130,748 shares. The stock had previously closed at GBX 1.60 ($0.02).
Zenith Energy Stock Up 13.5 %
The firm has a market cap of £6.63 million, a P/E ratio of -27.11 and a beta of 0.97. The stock’s 50 day simple moving average is GBX 1.51 and its 200 day simple moving average is GBX 1.56. The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30.
About Zenith Energy
Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.
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