Zenith Energy Ltd. (LON:ZEN – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 4.28 and traded as high as GBX 4.54. Zenith Energy shares last traded at GBX 4.29, with a volume of 5,699,127 shares trading hands.
Zenith Energy Stock Performance
The firm’s fifty day moving average price is GBX 4.28 and its 200 day moving average price is GBX 4.97. The company has a current ratio of 1.87, a quick ratio of 0.92 and a debt-to-equity ratio of 60.05. The stock has a market capitalization of £34.30 million, a price-to-earnings ratio of -1.01 and a beta of 0.41.
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).
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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