Zenith Energy (LON:ZEN) Stock Price Down 3.1% – Should You Sell?

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) fell 3.1% during mid-day trading on Tuesday . The company traded as low as GBX 3.43 and last traded at GBX 3.45. 719,353 shares traded hands during trading, a decline of 44% from the average session volume of 1,274,878 shares. The stock had previously closed at GBX 3.56.

Zenith Energy Stock Performance

The business has a 50-day simple moving average of GBX 3.48 and a 200 day simple moving average of GBX 3.55. The company has a debt-to-equity ratio of 83.40, a current ratio of 0.30 and a quick ratio of 0.92. The firm has a market cap of £22.07 million, a PE ratio of -5.07 and a beta of 0.97.

Zenith Energy Company Profile

(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).

Zenith’s strategic focus is on pursuing transformational opportunities in Africa and Europe through the development of proven revenue generating oil, gas and electricity production assets, as well as low-risk exploration activities in assets with existing production.

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