Zenith Energy (LON:ZEN) Stock Price Up 21.2% – What’s Next?

Zenith Energy Ltd. (LON:ZEN)’s stock price shot up 21.2% on Thursday . The stock traded as high as GBX 10.20 ($0.13) and last traded at GBX 10 ($0.12). 11,589,045 shares were traded during mid-day trading, an increase of 136% from the average session volume of 4,908,629 shares. The stock had previously closed at GBX 8.25 ($0.10).

Zenith Energy Stock Performance

The firm has a market capitalization of £27.22 million, a price-to-earnings ratio of -111.39 and a beta of 0.97. The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40. The stock’s fifty day moving average is GBX 4.24 and its two-hundred day moving average is GBX 2.41.

About Zenith Energy

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).