Shares of Zentek Ltd. (CVE:ZEN – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.34 and traded as low as C$1.03. Zentek shares last traded at C$1.04, with a volume of 23,200 shares trading hands.
Zentek Price Performance
The firm has a market capitalization of C$111.60 million, a PE ratio of -11.56 and a beta of 0.39. The firm’s fifty day moving average price is C$1.11 and its 200 day moving average price is C$1.34. The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97.
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.
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