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Zenith Energy (LON:ZEN) Trading Up 9% - Still a Buy?

Zenith Energy logo with Energy background
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Zenith Energy Ltd. (LON:ZEN - Get Free Report)'s share price shot up 9% on Tuesday . The company traded as high as GBX 7.68 ($0.10) and last traded at GBX 7.36 ($0.09). 2,060,549 shares were traded during mid-day trading, a decline of 41% from the average session volume of 3,515,202 shares. The stock had previously closed at GBX 6.75 ($0.09).

Zenith Energy Trading Down 2.0 %

The company's 50 day simple moving average is GBX 7.43 and its 200-day simple moving average is GBX 3.55. The firm has a market cap of £71.14 million, a P/E ratio of -1.20 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.

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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