Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) shot up 59.4% on Thursday . The stock traded as high as GBX 2.74 ($0.03) and last traded at GBX 2.55 ($0.03). 1,869,250 shares were traded during mid-day trading, an increase of 1,330% from the average session volume of 130,748 shares. The stock had previously closed at GBX 1.60 ($0.02).
Zenith Energy Stock Performance
The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40. The firm has a market cap of £5.97 million, a P/E ratio of -24.44 and a beta of 0.97. The business has a fifty day simple moving average of GBX 1.48 and a 200-day simple moving average of GBX 1.55.
About Zenith Energy
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.
Recommended Stories
- Five stocks we like better than Zenith Energy
- Expert Stock Trading Psychology Tips
- Stock Buybacks Outperform Dividends: Here’s the Key Advantage
- What Are the FAANG Stocks and Are They Good Investments?
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- What Does a Stock Split Mean?
- Why Now Is the Ultimate Time to Invest in Oil Stocks
Receive News & Ratings for Zenith Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zenith Energy and related companies with MarketBeat.com's FREE daily email newsletter.
