Zenith Energy (LON:ZEN) Stock Price Down 10.2% – Should You Sell?

Zenith Energy Ltd. (LON:ZEN)’s stock price fell 10.2% on Wednesday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). 988,559 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 1,296,716 shares. The stock had previously closed at GBX 3.34 ($0.04).

Zenith Energy Trading Down 3.0%

The firm has a market cap of £15.65 million, a PE ratio of 9.41 and a beta of 0.97. The company’s fifty day moving average price is GBX 3.73 and its two-hundred day moving average price is GBX 8. The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40.

Zenith Energy Company Profile

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).