Zentek (CVE:ZEN) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Zentek Ltd. (CVE:ZENGet Free Report) shares crossed 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 Up 1.3 %

The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97. The company has a market cap of C$156.15 million, a price-to-earnings ratio of -14.34 and a beta of 0.77. The stock has a fifty day moving average price of C$1.50 and a two-hundred day moving average price of C$1.32.

Zentek Company Profile

(Get Free Report)

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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