Zenith Energy (LON:ZEN) Trading 13.3% Higher – Should You Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares rose 13.3% during mid-day trading on Thursday . The stock traded as high as GBX 5.39 ($0.07) and last traded at GBX 5.38 ($0.07). Approximately 207,076 shares changed hands during trading, a decline of 31% from the average daily volume of 298,326 shares. The stock had previously closed at GBX 4.75 ($0.06).

Zenith Energy Stock Up 15.8 %

The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40. The company has a market capitalization of £14.93 million, a PE ratio of -61.11 and a beta of 0.97. The business has a fifty day moving average of GBX 1.93 and a 200 day moving average of GBX 1.67.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.

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