Zenith Energy Ltd. (LON:ZEN – Get Free Report)’s stock price shot up 22.5% during mid-day trading on Monday . The company traded as high as GBX 5 and last traded at GBX 5. 16,702,859 shares traded hands during mid-day trading, an increase of 1,238% from the average session volume of 1,248,103 shares. The stock had previously closed at GBX 4.08.
Zenith Energy Stock Up 22.5%
The business has a 50 day moving average of GBX 4.59 and a two-hundred day moving average of GBX 5.35. The stock has a market capitalization of £38.24 million, a PE ratio of -1.15 and a beta of 0.41. The company has a debt-to-equity ratio of 60.05, a quick ratio of 0.92 and a current ratio of 1.87.
About Zenith Energy
The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).
Zenith’s strategic focus is on pursuing transformational opportunities in Africa and Europe through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.
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