Zentek (ZTEK) Projected to Release Quarterly Earnings on Thursday

Zentek (NASDAQ:ZTEKGet Free Report) will likely be posting its results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of ($0.0240) per share and revenue of $0.24 million for the quarter.

Zentek (NASDAQ:ZTEKGet Free Report) last issued its quarterly earnings data on Thursday, June 25th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Zentek had a negative net margin of 5,848.76% and a negative return on equity of 81.95%. The company had revenue of $0.03 million for the quarter, compared to analyst estimates of $0.24 million.

Zentek Trading Down 1.5%

NASDAQ:ZTEK opened at $0.66 on Thursday. The company’s 50 day moving average is $0.50 and its 200-day moving average is $0.58. The company has a quick ratio of 0.53, a current ratio of 0.64 and a debt-to-equity ratio of 0.18. Zentek has a 12 month low of $0.37 and a 12 month high of $1.24. The firm has a market cap of $82.97 million, a price-to-earnings ratio of -9.36 and a beta of 0.44.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zentek in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Zentek has a consensus rating of “Sell”.

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Zentek Company Profile

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Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.

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Earnings History for Zentek (NASDAQ:ZTEK)

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