Zephyr Energy (LON:ZPHR) Insider Tom Reynolds Sells 103,300 Shares

Zephyr Energy plc (LON:ZPHR) insider Tom Reynolds sold 103,300 shares of Zephyr Energy stock in a transaction that occurred on Monday, January 19th. The stock was sold at an average price of GBX 3, for a total transaction of £3,099.

Tom Reynolds also recently made the following trade(s):

• On Monday, January 19th, Tom Reynolds bought 466,667 shares of Zephyr Energy stock. The shares were acquired at an average cost of GBX 3 per share, for a total transaction of £14,000.01.
• On Monday, January 19th, Tom Reynolds purchased 1,033,000 shares of Zephyr Energy stock. The shares were acquired at an average cost of GBX 3 per share, with a total value of £30,990.

Zephyr Energy Price Performance

Shares of LON:ZPHR opened at GBX 2.53 on Wednesday. The company has a debt-to-equity ratio of 42.73, a quick ratio of 0.87 and a current ratio of 0.45. Zephyr Energy plc has a 52 week low of GBX 2.20 and a 52 week high of GBX 5.84. The firm has a market cap of £53.15 million, a PE ratio of -1.50 and a beta of 0.77. The firm’s fifty day moving average is GBX 2.52 and its 200-day moving average is GBX 2.79.

Wall Street Analyst Weigh In

ZPHR has been the topic of a number of analyst reports. Liberum Capital upped their price target on Zephyr Energy from GBX 10.30 to GBX 11.20 and gave the company a “buy” rating in a research report on Friday, October 10th. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 11 price objective on shares of Zephyr Energy in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 11.10.

About Zephyr Energy

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.