Shares of Zenith Energy Ltd. (LON:ZEN – Get Free Report) were down 10.5% during trading on Friday . The stock traded as low as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 632,295 shares changed hands during mid-day trading, an increase of 627% from the average daily volume of 86,991 shares. The stock had previously closed at GBX 1.90 ($0.02).
Zenith Energy Price Performance
The company has a market capitalization of £3.42 million, a P/E ratio of -21.25 and a beta of 1.19. The business’s 50-day moving average is GBX 2.17 and its two-hundred day moving average is GBX 2.71. The company has a quick ratio of 0.92, a current ratio of 1.16 and a debt-to-equity ratio of 47.77.
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.
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