Zenith Energy (LON:ZEN) Trading Down 6.9% – Time to Sell?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price was down 6.9% on Friday . The stock traded as low as GBX 5 ($0.06) and last traded at GBX 5.68 ($0.07). Approximately 3,653,598 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 4,909,910 shares. The stock had previously closed at GBX 6.10 ($0.08).

Zenith Energy Trading Down 4.1 %

The company has a debt-to-equity ratio of 83.40, a quick ratio of 0.92 and a current ratio of 0.30. The stock has a 50-day moving average price of GBX 2.11 and a 200-day moving average price of GBX 1.73. The stock has a market cap of £15.89 million, a P/E ratio of -65.00 and a beta of 0.97.

Zenith Energy Company Profile

(Get Free Report)

Zenith Energy Ltd., together with its subsidiaries, engages in exploration and development of oil and natural gas in Tunisia, Italy, and the Republic of the Congo. It also engages in the production of oil, gas, and electricity assets in Africa and Europe. The company was formerly known as Canoel International Energy Ltd.

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