Zentek Ltd. (CVE:ZEN – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.88 and traded as low as C$0.61. Zentek shares last traded at C$0.62, with a volume of 165,638 shares trading hands.
Zentek Stock Up 3.3%
The stock has a 50 day simple moving average of C$0.78 and a 200-day simple moving average of C$0.88. The firm has a market cap of C$77.84 million, a PE ratio of -7.75 and a beta of 0.52. The company has a debt-to-equity ratio of 15.41, a current ratio of 1.00 and a quick ratio of 7.59.
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. 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.
Further Reading
- Five stocks we like better than Zentek
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
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.
