Zenith Energy (LON:ZEN) Stock Price Down 8.7%

Zenith Energy Ltd. (LON:ZEN – Get Rating) traded down 8.7% during mid-day trading on Friday . The company traded as low as GBX 0.53 ($0.01) and last traded at GBX 0.53 ($0.01). 1,559,974 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 1,525,728 shares. The stock had previously closed at GBX 0.58 ($0.01).

Zenith Energy Price Performance

The firm has a market cap of £9.82 million, a price-to-earnings ratio of 52.50 and a beta of 1.21. The business’s 50-day simple moving average is GBX 0.76 and its two-hundred day simple moving average is GBX 0.86. The company has a current ratio of 1.23, a quick ratio of 0.92 and a debt-to-equity ratio of 24.64.

Zenith Energy Company Profile

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Zenith Energy Ltd., together with its subsidiaries, explores for and develops oil and natural gas in Italy, the Republic of the Congo, and internationally. It also produces and sells electricity and condensate, as well as engages in oil and gas drilling activities. The company was formerly known as Canoel International Energy Ltd.