Zentek (NASDAQ:ZTEK) Posts Earnings Results

Zentek (NASDAQ:ZTEK) posted its quarterly earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, Zacks reports. Zentek had a negative return on equity of 53.99% and a negative net margin of 27,217.24%.

Zentek Trading Down 3.0 %

NASDAQ:ZTEK traded down $0.03 during midday trading on Friday, hitting $1.10. The stock had a trading volume of 8,952 shares, compared to its average volume of 49,338. The company has a quick ratio of 1.63, a current ratio of 2.06 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average of $1.05 and a 200 day moving average of $0.94. The company has a market capitalization of $114.10 million, a price-to-earnings ratio of -13.81 and a beta of 0.98. Zentek has a one year low of $0.50 and a one year high of $1.34.

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.