Zentek (CVE:ZEN) Stock Price Passes Below 200 Day Moving Average of $1.60

Zentek Ltd. (CVE:ZENGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.60 and traded as low as C$1.44. Zentek shares last traded at C$1.50, with a volume of 69,550 shares.

Zentek Stock Performance

The company has a debt-to-equity ratio of 5.68, a quick ratio of 7.59 and a current ratio of 6.05. The stock has a market cap of C$151.14 million, a P/E ratio of -13.64 and a beta of 0.88. The stock has a 50-day moving average price of C$1.51 and a 200-day moving average price of C$1.60.

Zentek Company Profile

(Get Free Report)

Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, 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 compound.

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