Canaccord Genuity Group Reiterates “Speculative Buy” Rating for Zephyr Energy (LON:ZPHR)

Canaccord Genuity Group reiterated their speculative buy rating on shares of Zephyr Energy (LON:ZPHR) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 16 ($0.21) target price on the stock.

Zephyr Energy Stock Performance

Shares of ZPHR opened at GBX 3.60 ($0.05) on Thursday. The company has a debt-to-equity ratio of 54.75, a current ratio of 0.33 and a quick ratio of 0.87. Zephyr Energy has a 1 year low of GBX 1.91 ($0.03) and a 1 year high of GBX 6 ($0.08). The firm has a market cap of £63.00 million, a PE ratio of 278.00 and a beta of 0.77. The stock’s fifty day moving average price is GBX 3.91 and its two-hundred day moving average price 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.