Zenith Energy (LON:ZEN) Stock Price Down 10.4% – Should You Sell?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) traded down 10.4% on Wednesday . The stock traded as low as GBX 7.79 ($0.10) and last traded at GBX 8.20 ($0.11). 514,758 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 2,973,804 shares. The stock had previously closed at GBX 9.15 ($0.12).

Zenith Energy Stock Up 2.2 %

The firm’s 50 day moving average is GBX 8.03 and its two-hundred day moving average is GBX 4.04. The stock has a market cap of £66.76 million, a price-to-earnings ratio of -1.12 and a beta of 0.97. The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in Tunisia, Italy and the Republic of Congo.

The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

Further Reading

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