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Zenith Energy (LON:ZEN) Reaches New 12-Month High - Still a Buy?

Zenith Energy logo with Energy background

Zenith Energy Ltd. (LON:ZEN - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 17 ($0.23) and last traded at GBX 15.85 ($0.21), with a volume of 3273922 shares changing hands. The stock had previously closed at GBX 15.50 ($0.21).

Zenith Energy Stock Performance

The stock has a 50-day simple moving average of GBX 9.06 and a 200-day simple moving average of GBX 6.81. The company has a market capitalization of £141.76 million, a price-to-earnings ratio of -2.38 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.

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