Zenith Energy (LON:ZEN) Stock Price Down 10.6% – Here’s What Happened

Shares of Zenith Energy Ltd. (LON:ZENGet Free Report) were down 10.6% during trading on Monday . The stock 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 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 current ratio of 0.30, a quick ratio of 0.92 and a debt-to-equity ratio of 83.40. The company’s fifty day moving average is GBX 5.84 and its 200 day moving average is GBX 2.95. The company has a market cap of £68.48 million, a P/E ratio of -1.15 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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