Zentek Ltd. (CVE:ZEN – Get Free Report) shot up 22.2% on Thursday . The stock traded as high as C$1.70 and last traded at C$1.65. 141,638 shares changed hands during trading, an increase of 326% from the average session volume of 33,237 shares. The stock had previously closed at C$1.35.
Zentek Trading Up 3.0 %
The firm has a market cap of C$173.62 million, a P/E ratio of -15.95 and a beta of 0.77. The stock has a 50 day simple moving average of C$1.49 and a 200-day simple moving average of C$1.33. The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97.
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.
Further Reading
- Five stocks we like better than Zentek
- How to Use Stock Screeners to Find Stocks
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- How to Calculate Return on Investment (ROI)
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Receive News & Ratings for Zentek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zentek and related companies with MarketBeat.com's FREE daily email newsletter.
