Zenith Energy (LON:ZEN) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Zenith Energy Ltd. (LON:ZENGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 7.90 ($0.11) and traded as low as GBX 6.80 ($0.09). Zenith Energy shares last traded at GBX 6.92 ($0.09), with a volume of 509,699 shares traded.

Zenith Energy Stock Down 4.6 %

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 stock has a market capitalization of £59.46 million, a P/E ratio of -1.00 and a beta of 0.97. The firm’s fifty day moving average is GBX 7.90 and its 200-day moving average is GBX 5.

Zenith Energy Company Profile

(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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