Zephyr Energy (LON:ZPHR) Stock Rating Reaffirmed by Canaccord Genuity Group

Canaccord Genuity Group restated their speculative buy rating on shares of Zephyr Energy (LON:ZPHR) in a research note published on Thursday morning, MarketBeat reports. The firm currently has a GBX 16 ($0.21) target price on the stock.

Zephyr Energy Price Performance

ZPHR opened at GBX 3.60 ($0.05) on Thursday. The stock has a market capitalization of £63.00 million, a P/E ratio of 278.00 and a beta of 0.77. Zephyr Energy has a 12-month low of GBX 1.91 ($0.03) and a 12-month high of GBX 6 ($0.08). The stock has a 50-day moving average price of GBX 3.91 and a 200-day moving average price of GBX 4.48. The company has a current ratio of 0.33, a quick ratio of 0.87 and a debt-to-equity ratio of 54.75.

About Zephyr Energy

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.