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Zenith Energy (LON:ZEN) Trading 22.5% Higher - Should You Buy?

Zenith Energy logo with Energy background

Zenith Energy Ltd. (LON:ZEN - Get Free Report) shot up 22.5% on Tuesday . The company traded as high as GBX 15 ($0.20) and last traded at GBX 14.70 ($0.20). 334,426 shares traded hands during trading, a decline of 83% from the average session volume of 1,939,809 shares. The stock had previously closed at GBX 12 ($0.16).

Zenith Energy Stock Performance

The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 and a quick ratio of 0.92. The company has a 50 day simple moving average of GBX 9.06 and a 200-day simple moving average of GBX 6.85. The firm has a market cap of £141.76 million, a PE ratio of -2.38 and a beta of 0.97.

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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