Zenith Energy (LON:ZEN) Shares Down 10.4% – Here’s What Happened

Zenith Energy Ltd. (LON:ZENGet Free Report) shares fell 10.4% on Wednesday . The company traded as low as GBX 7.79 ($0.10) and last traded at GBX 8.20 ($0.11). 514,758 shares changed hands during trading, a decline of 83% from the average session volume of 2,973,804 shares. The stock had previously closed at GBX 9.15 ($0.12).

Zenith Energy Stock Performance

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 stock’s 50-day moving average price is GBX 7.94 and its 200-day moving average price is GBX 3.99. The company has a market cap of £70.45 million, a P/E ratio of -1.18 and a beta of 0.97.

About Zenith Energy

(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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