Zenith Energy (LON:ZEN) Trading Down 6.8% – Should You Sell?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares were down 6.8% during mid-day trading on Tuesday . The stock traded as low as GBX 5.30 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 2,237,721 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 5,229,328 shares. The stock had previously closed at GBX 5.90 ($0.07).

Zenith Energy Stock Performance

The business’s 50-day moving average price is GBX 3.08 and its 200-day moving average price is GBX 2.03. 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 stock has a market cap of £14.93 million, a PE ratio of -61.11 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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