Zenith Energy Ltd. (LON:ZEN – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 6.97 and traded as low as GBX 5.50. Zenith Energy shares last traded at GBX 6, with a volume of 331,154 shares changing hands.
Zenith Energy Stock Performance
The company has a debt-to-equity ratio of 73.90, a current ratio of 1.31 and a quick ratio of 0.92. The stock has a market cap of £40.74 million, a price-to-earnings ratio of -8.51 and a beta of 0.41. The stock’s 50-day moving average is GBX 6.97 and its 200 day moving average is GBX 4.67.
About Zenith Energy
The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).
Zenith’s strategic focus is on pursuing transformational opportunities in Africa and Europe through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.
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