Zentek Ltd. (CVE:ZEN – Get Free Report) was up 16.3% during trading on Thursday . The stock traded as high as C$1.70 and last traded at C$1.57. Approximately 121,831 shares changed hands during trading, an increase of 271% from the average daily volume of 32,804 shares. The stock had previously closed at C$1.35.
Zentek Stock Performance
The stock has a market cap of C$169.51 million, a P/E ratio of -15.57 and a beta of 0.77. The company has a fifty day moving average price of C$1.48 and a 200 day moving average price of C$1.33. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
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.
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