Zenith Energy (LON:ZEN) Trading Down 12% – What’s Next?

Zenith Energy Ltd. (LON:ZENGet Free Report) dropped 12% during mid-day trading on Monday . The stock traded as low as GBX 7.10 ($0.09) and last traded at GBX 7.30 ($0.09). Approximately 1,049,815 shares changed hands during trading, a decline of 70% from the average daily volume of 3,518,474 shares. The stock had previously closed at GBX 8.30 ($0.11).

Zenith Energy Price Performance

The company has a 50 day moving average price of GBX 7.22 and a 200 day moving average price of GBX 3.48. The company has a market capitalization of £73.03 million, a P/E ratio of -1.23 and a beta of 0.97. The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40.

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).

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