Zenith Energy (LON:ZEN) Shares Down 6.8% – Here’s Why

Zenith Energy Ltd. (LON:ZENGet Free Report) shares were down 6.8% during mid-day trading on Tuesday . The company traded as low as GBX 5.30 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 2,237,721 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 5,229,328 shares. The stock had previously closed at GBX 5.90 ($0.07).

Zenith Energy Stock Up 5.2 %

The firm has a 50-day simple moving average of GBX 3.24 and a 200 day simple moving average of GBX 2.08. The stock has a market capitalization of £16.56 million, a P/E ratio of -67.78 and a beta of 0.97. The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 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).

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