Zenith Energy (LON:ZEN) Sets New 1-Year High – Time to Buy?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.02 ($0.04), with a volume of 5042030 shares changing hands. The stock had previously closed at GBX 2.44 ($0.03).

Zenith Energy Stock Performance

The stock has a market cap of £8.92 million, a price-to-earnings ratio of -36.50 and a beta of 0.97. 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 firm has a fifty day moving average of GBX 1.55 and a 200 day moving average of GBX 1.56.

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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