Zenith Energy (LON:ZEN) Trading Up 10.2% – What’s Next?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) were up 10.2% during mid-day trading on Friday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 1,246,442 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 4,549,268 shares. The stock had previously closed at GBX 5.90 ($0.07).

Zenith Energy Trading Up 18.6 %

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 business has a fifty day simple moving average of GBX 3.45 and a 200 day simple moving average of GBX 2.15. The stock has a market cap of £19.01 million, a price-to-earnings ratio of -77.78 and a beta of 0.97.

About Zenith Energy

(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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