Zephyr Energy’s (ZPHR) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Zephyr Energy (LON:ZPHR) in a report released on Wednesday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 13 ($0.17) price objective on the stock.

Zephyr Energy Trading Up 8.0 %

Shares of LON:ZPHR opened at GBX 2.70 ($0.03) on Wednesday. Zephyr Energy has a 12 month low of GBX 2.03 ($0.03) and a 12 month high of GBX 6 ($0.08). The company has a quick ratio of 0.87, a current ratio of 0.45 and a debt-to-equity ratio of 42.73. The company’s fifty day simple moving average is GBX 3.20 and its 200 day simple moving average is GBX 4.07. The firm has a market cap of £47.25 million, a price-to-earnings ratio of 278.00 and a beta of 0.77.

About Zephyr Energy

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.