Zentek Ltd. (CVE:ZEN – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.80 and traded as high as C$0.94. Zentek shares last traded at C$0.92, with a volume of 83,970 shares changing hands.
Zentek Stock Up 2.2%
The company has a debt-to-equity ratio of 19.52, a quick ratio of 7.59 and a current ratio of 0.64. The company has a market cap of C$116.49 million, a price-to-earnings ratio of -10.22 and a beta of 0.72. The stock’s fifty day moving average is C$0.70 and its two-hundred day moving average is C$0.80.
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. It is also developing graphene oxide synthesis and graphene synthesis. In addition, the company owns 100% interest in the Albany graphite project located in Northern Ontario, Canada.
See Also
- Five stocks we like better than Zentek
- AI Cold War Catches Light: Federal Friction in the Server Rack
- 3 Stocks Whose Charts May Be Signaling the Next Big Move
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
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.
