Zephyr Energy (LON:ZPHR) Shares Up 13.9% - Should You Buy?

Zephyr Energy plc (LON:ZPHR - Get Free Report)'s share price rose 13.9% during trading on Monday . The company traded as high as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 3,285,411 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 4,196,575 shares. The stock had previously closed at GBX 3.07 ($0.04).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 16 ($0.21) price objective on shares of Zephyr Energy in a research note on Thursday, September 26th.

Zephyr Energy Stock Up 15.5 %

The company has a debt-to-equity ratio of 42.73, a current ratio of 0.45 and a quick ratio of 0.87. The stock has a market capitalization of £62.13 million, a P/E ratio of 278.00 and a beta of 0.77. The firm has a 50 day moving average of GBX 3.51 and a 200-day moving average of GBX 4.39.

Zephyr Energy Company Profile

Zephyr Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas resources in the United States. Its flagship property is the Paradox Basin, which covers an area of approximately 45,000 gross acres located in Utah, the United States; and holds property in Williston Basin, North Dakota.