Zenith Energy (LON:ZEN) Trading 22.5% Higher – Should You Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s share price shot up 22.5% during trading on Monday . The stock traded as high as GBX 5 and last traded at GBX 5. 16,702,859 shares changed hands during trading, an increase of 1,238% from the average daily volume of 1,248,103 shares. The stock had previously closed at GBX 4.08.

Zenith Energy Price Performance

The firm has a fifty day moving average of GBX 4.59 and a two-hundred day moving average of GBX 5.35. The stock has a market capitalization of £38.24 million, a P/E ratio of -1.15 and a beta of 0.41. The company has a debt-to-equity ratio of 60.05, a current ratio of 1.87 and a quick ratio of 0.92.

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).

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.

Further Reading

Receive News & Ratings for Zenith Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zenith Energy and related companies with MarketBeat.com's FREE daily email newsletter.