Zentek Ltd. (CVE:ZEN – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.78 and traded as low as C$0.78. Zentek shares last traded at C$0.80, with a volume of 39,296 shares.
Zentek Stock Performance
The firm has a fifty day moving average price of C$0.75 and a 200 day moving average price of C$0.78. The company has a debt-to-equity ratio of 7.62, a quick ratio of 7.59 and a current ratio of 4.65. The stock has a market cap of C$96.23 million, a PE ratio of -7.84 and a beta of 0.72.
Zentek Company Profile
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.
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