Zephyr Energy plc (LON:ZPHR - Get Free Report) shares were down 4.9% during mid-day trading on Friday . The stock traded as low as GBX 3.90 ($0.05) and last traded at GBX 3.90 ($0.05). Approximately 3,746,303 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 2,297,850 shares. The stock had previously closed at GBX 4.10 ($0.05).
Analysts Set New Price Targets
Several equities analysts recently commented on ZPHR shares. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 13 ($0.17) price target on shares of Zephyr Energy in a research report on Wednesday, December 4th. Canaccord Genuity Group restated a "buy" rating and set a GBX 13 ($0.17) price objective on shares of Zephyr Energy in a report on Wednesday, December 4th.
Read Our Latest Report on Zephyr Energy
Zephyr Energy Stock Performance
The stock's 50-day moving average is GBX 3.31 and its 200-day moving average is GBX 3.23. The company has a current ratio of 0.45, a quick ratio of 0.87 and a debt-to-equity ratio of 42.73. The stock has a market cap of £82.78 million, a price-to-earnings ratio of -19.23 and a beta of 0.77.
About Zephyr Energy
(
Get Free Report)
Zephyr Energy plc AIM: ZPHR OTCQB: ZPHRF is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company's mission is rooted in two core values: to be responsible stewards of its investors' capital, and to be responsible stewards of the environment in which it works.
Zephyr's flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent ("mmboe"), 2C resources of 34 mmboe and 2U resources 270 mmboe.
In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana.
Recommended Stories
Before you consider Zephyr Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zephyr Energy wasn't on the list.
While Zephyr Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
