Zenith Energy (LON:ZEN) Stock Price Down 6.9% – Here’s Why

Shares of Zenith Energy Ltd. ( LON:ZEN – Get Free Report ) dropped 6.9% during trading 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 changed hands during 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 Stock Down 4.

1 % The business’s 50 day simple moving average is GBX 2.11 and its 200 day simple moving average is GBX 1.73.

The company has a current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.

40. The firm has a market capitalization of £15.89 million, a PE ratio of -65.

00 and a beta of 0.97. About Zenith Energy ( 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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