Zenith Energy (LON:ZEN) Stock Price Down 10.4% – Should You Sell?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) dropped 10.4% during trading on Wednesday . The company traded as low as GBX 7.79 ($0.10) and last traded at GBX 8.20 ($0.11). Approximately 514,758 shares traded hands during trading, a decline of 83% from the average daily volume of 2,973,804 shares. The stock had previously closed at GBX 9.15 ($0.12).

Zenith Energy Trading Up 2.2 %

The business has a fifty day moving average price of GBX 8.03 and a 200 day moving average price of GBX 4.04. The firm has a market capitalization of £66.76 million, a price-to-earnings ratio of -1.12 and a beta of 0.97. The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30.

Zenith Energy Company Profile

(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).

Further Reading

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