Zentek (ZTEK) to Announce Quarterly Earnings on Wednesday

Zentek (NASDAQ:ZTEK) will likely be issuing its results after the market closes on Wednesday, July 1st. Analysts expect the company to announce earnings of ($0.0309) per share and revenue of $0.3090 million for the quarter.

Zentek Stock Performance

NASDAQ:ZTEK opened at $0.37 on Wednesday. Zentek has a twelve month low of $0.37 and a twelve month high of $1.35. The company has a quick ratio of 0.74, a current ratio of 1.00 and a debt-to-equity ratio of 0.14. The stock’s 50-day simple moving average is $0.56 and its 200 day simple moving average is $0.63. The firm has a market capitalization of $47.23 million, a PE ratio of -7.46 and a beta of 0.46.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zentek in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

About Zentek

Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.