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Zenith Energy (LON:ZEN) Shares Down 10.4% - Here's Why

Zenith Energy logo with Energy background

Zenith Energy Ltd. (LON:ZEN - Get Free Report) shares were down 10.4% during trading on Wednesday . The company traded as low as GBX 7.79 ($0.10) and last traded at GBX 8.20 ($0.11). Approximately 514,758 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 2,973,804 shares. The stock had previously closed at GBX 9.15 ($0.12).

Zenith Energy Price Performance

The company has a market capitalization of £65.30 million, a P/E ratio of -1.10 and a beta of 0.97. The company has a 50-day moving average of GBX 8.06 and a two-hundred day moving average of GBX 4.10. The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40.

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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