Zephyr Energy (LON:ZPHR) Stock Price Down 2.5%

Zephyr Energy plc (LON:ZPHR – Get Rating)’s stock price dropped 2.5% during mid-day trading on Wednesday . The company traded as low as GBX 3.90 ($0.05) and last traded at GBX 3.95 ($0.05). Approximately 4,219,528 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 5,862,707 shares. The stock had previously closed at GBX 4.05 ($0.05).

Zephyr Energy Stock Down 2.5 %

The company has a debt-to-equity ratio of 48.41, a quick ratio of 0.87 and a current ratio of 0.91. The business’s 50 day moving average is GBX 4.59 and its 200-day moving average is GBX 5.55. The firm has a market capitalization of £63.20 million, a price-to-earnings ratio of 395.00 and a beta of 1.04.

About Zephyr Energy

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Zephyr Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas resources in the United States. Its flagship property is the Paradox Basin, which covers an area of approximately 39,473 gross acres located in Utah, the United States. The company was formerly known as Rose Petroleum plc and changed its name to Zephyr Energy plc in August 2020.