Zenith Energy (LON:ZEN) Shares Down 10.6% – Time to Sell?

Zenith Energy Ltd. (LON:ZENGet Free Report) shares were down 10.6% during trading on Monday . The company traded as low as GBX 7.50 ($0.09) and last traded at GBX 7.50 ($0.09). Approximately 702,955 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 4,221,126 shares. The stock had previously closed at GBX 8.39 ($0.11).

Zenith Energy Stock Performance

The company has a 50 day moving average of GBX 5.72 and a two-hundred day moving average of GBX 2.91. 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 company has a market capitalization of £64.44 million, a PE ratio of -1.08 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).

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