Zenith Energy (LON:ZEN) Trading Down 10.6% – Time to Sell?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares dropped 10.6% on Friday . The company traded as low as GBX 10 ($0.12) and last traded at GBX 10.10 ($0.13). Approximately 7,000,243 shares traded hands during trading, an increase of 39% from the average daily volume of 5,035,125 shares. The stock had previously closed at GBX 11.30 ($0.14).

Zenith Energy Stock Down 11.3 %

The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30. The firm has a market capitalization of £27.22 million, a PE ratio of -111.39 and a beta of 0.97. The business’s 50 day moving average price is GBX 3.87 and its 200-day moving average price is GBX 2.29.

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).

Further Reading

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