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

Shares of Zenith Energy Ltd. (LON:ZEN) reached a new 52-week high on Monday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.50 ($0.09), with a volume of 3506033 shares traded. The stock had previously closed at GBX 7 ($0.09).

Zenith Energy Stock Up 21.2 %

The firm has a 50-day moving average of GBX 3.87 and a 200 day moving average of GBX 2.29. 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 stock has a market capitalization of £27.15 million, a price-to-earnings ratio of -111.11 and a beta of 0.97.

Zenith Energy Company Profile

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).