Zenith Energy (LON:ZEN) Shares Down 3.1% – Here’s What Happened

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) traded down 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 changed 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 Trading Down 4.5%

The stock has a market cap of £22.07 million, a PE ratio of -5.07 and a beta of 0.97. 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 fifty day moving average price of GBX 3.48 and a 200 day moving average price of GBX 3.55.

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).

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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