Zephyr Energy (LON:ZPHR) Trading Down 5.5% - Should You Sell?

Key Points

• Shares fell 5.5% to GBX 3.21 on Thursday with trading volume surging to 24,154,775 shares (a ~460% jump versus average), signaling unusually heavy selling activity.
• Insider Tom Reynolds sold 103,300 shares at GBX 3 on Jan 19; company insiders own 6.37% of the stock, which may concern some investors.
• Zephyr has a market cap of £67.52 million, a negative P/E (-1.90), low liquidity (current ratio 0.28) and debt-to-equity of 46.08, while its flagship Paradox Basin acreage holds significant assessed oil and gas resources.

Zephyr Energy plc (LON:ZPHR - )'s stock price fell 5.5% during mid-day trading on Thursday . The stock traded as low as GBX 3 and last traded at GBX 3.21. 24,154,775 shares were traded during trading, an increase of 460% from the average session volume of 4,313,882 shares. The stock had previously closed at GBX 3.40.

Zephyr Energy Stock Performance

The firm's 50 day simple moving average is GBX 3.38 and its 200-day simple moving average is GBX 2.93. The company has a debt-to-equity ratio of 46.08, a quick ratio of 0.87 and a current ratio of 0.28. The company has a market capitalization of £67.52 million, a price-to-earnings ratio of -1.90 and a beta of 0.79.

Insider Transactions at Zephyr Energy

In other Zephyr Energy news, insider Tom Reynolds sold 103,300 shares of the business's stock in a transaction on Monday, January 19th. The shares were sold at an average price of GBX 3, for a total transaction of £3,099. 6.37% of the stock is currently owned by company insiders.

Zephyr Energy Company Profile

Zephyr Energy plc AIM: ZPHR OTCQB: ZPHRF is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company's mission is rooted in two core values: to be responsible stewards of its investors' capital, and to be responsible stewards of the environment in which it works. Zephyr's flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent ("mmboe"), 2C resources of 34 mmboe and 2U resources 270 mmboe. In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana.

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