Shares of Zentek Ltd. (CVE:ZEN – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.36 and traded as high as C$1.41. Zentek shares last traded at C$1.41, with a volume of 71,202 shares changing hands.
Zentek Stock Performance
The stock has a market cap of C$146.71 million, a PE ratio of -11.75 and a beta of 0.77. The company has a debt-to-equity ratio of 5.91, a current ratio of 2.20 and a quick ratio of 7.59. The stock has a 50-day simple moving average of C$1.37 and a 200-day simple moving average of C$1.28.
About Zentek
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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