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$0.85 and traded as low as C$0.62. Zentek shares last traded at C$0.64, with a volume of 200,911 shares changing hands.
Zentek Price Performance
The stock has a market cap of C$81.04 million, a P/E ratio of -7.11 and a beta of 0.52. The company has a quick ratio of 7.59, a current ratio of 0.64 and a debt-to-equity ratio of 19.52. The business’s 50-day simple moving average is C$0.76 and its two-hundred day simple moving average is C$0.85.
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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