Zephyr Energy (LON:ZPHR) Stock Price Down 6.7% – What’s Next?

Zephyr Energy plc (LON:ZPHR) was down 6.7% during trading on Thursday . The company traded as low as GBX 3.35 ($0.04) and last traded at GBX 3.36 ($0.04). Approximately 1,330,560 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 4,228,157 shares. The stock had previously closed at GBX 3.60 ($0.05).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 16 ($0.21) price target on shares of Zephyr Energy in a research note on Thursday, September 26th.

Zephyr Energy Trading Down 6.7 %

The stock has a market cap of £58.80 million, a P/E ratio of 278.00 and a beta of 0.77. The company has a debt-to-equity ratio of 42.73, a quick ratio of 0.87 and a current ratio of 0.45. The firm’s fifty day simple moving average is GBX 3.72 and its 200-day simple moving average is GBX 4.48.

Zephyr Energy Company Profile

Zephyr Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas resources in the United States. Its flagship property is the Paradox Basin, which covers an area of approximately 45,000 gross acres located in Utah, the United States; and holds property in Williston Basin, North Dakota.