Z Energy (ASX:ZEL) Shares Down 0.6%

Z Energy Ltd (ASX:ZEL) dropped 0.6% during trading on Wednesday . The stock traded as low as A$5.15 ($3.65) and last traded at A$5.19 ($3.68), approximately 86,774 shares traded hands during trading. The stock had previously closed at A$5.22 ($3.70).

The firm’s 50 day moving average is A$5.95 and its 200 day moving average is A$5.93. The company has a debt-to-equity ratio of 101.96, a quick ratio of 0.70 and a current ratio of 1.41. The stock has a market cap of $2.08 billion and a P/E ratio of 9.39.

About Z Energy (ASX:ZEL)

Z Energy Limited sells transport fuel in New Zealand. It supplies fuel to retail customers, as well as commercial customers, such as airlines, trucking companies, mines, shipping companies, and vehicle fleet operators, as well as supplies bitumen to roading contractors. The company also offers Z card and Star card services for businesses to buy fuels.

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