Zentek Ltd. (CVE:ZEN – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.32 and traded as high as C$1.52. Zentek shares last traded at C$1.52, with a volume of 15,885 shares traded.
Zentek Stock Down 6.6 %
The stock has a market cap of C$145.88 million, a price-to-earnings ratio of -13.40 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The business has a fifty day moving average of C$1.49 and a 200 day moving average of C$1.32.
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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