Zentek Ltd. (CVE:ZEN – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.32 and traded as high as C$1.52. Zentek shares last traded at C$1.52, with a volume of 15,885 shares changing hands.
Zentek Stock Down 6.6 %
The company has a market capitalization of C$145.88 million, a price-to-earnings ratio of -13.40 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06. The stock’s fifty day simple moving average is C$1.49 and its two-hundred day simple moving average is C$1.32.
Zentek Company Profile
Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in Canada. The company develops graphene-based antimicrobial coating under the ZenGUARD brand, surgical masks, HVAC filters, personal protective equipment, rapid detection point of care diagnostics tests, and pharmaceutical products based on graphene-based compounds.
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