Zephyr Energy (LON:ZPHR) Stock Price Up 16.4% – Here’s What Happened

by · The Cerbat Gem

Zephyr Energy plc (LON:ZPHR – Get Free Report) traded up 16.4% during mid-day trading on Wednesday . The company traded as high as GBX 3.27 ($0.04) and last traded at GBX 3.20 ($0.04). 3,386,610 shares were traded during trading, a decline of 18% from the average session volume of 4,111,433 shares. The stock had previously closed at GBX 2.75 ($0.03).

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ZPHR shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 13 ($0.16) price objective on shares of Zephyr Energy in a report on Wednesday, December 4th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 13 ($0.16) price target on shares of Zephyr Energy in a research note on Wednesday, December 4th.

View Our Latest Stock Report on Zephyr Energy

Zephyr Energy Stock Down 0.8 %

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 business’s 50 day moving average is GBX 3.03 and its 200-day moving average is GBX 3.88. The stock has a market cap of £51.19 million, a price-to-earnings ratio of 278.00 and a beta of 0.77.

About Zephyr Energy

(Get Free Report)

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.

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