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Zenith Energy (LON:ZEN) Shares Down 8.4% - Should You Sell?

Zenith Energy logo with Energy background

Zenith Energy Ltd. (LON:ZEN - Get Free Report)'s share price was down 8.4% during mid-day trading on Wednesday . The company traded as low as GBX 14 ($0.19) and last traded at GBX 14.20 ($0.19). Approximately 810,206 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 1,918,603 shares. The stock had previously closed at GBX 15.50 ($0.21).

Zenith Energy Price Performance

The stock has a fifty day moving average of GBX 9.47 and a 200-day moving average of GBX 7.08. The company has a quick ratio of 0.92, a current ratio of 0.30 and a debt-to-equity ratio of 83.40. The firm has a market capitalization of £116.85 million, a P/E ratio of -1.96 and a beta of 0.97.

About Zenith Energy

(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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