Zentek Ltd. (CVE:ZEN – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.35 and traded as high as C$1.68. Zentek shares last traded at C$1.62, with a volume of 92,950 shares traded.
Zentek Stock Performance
The stock has a 50-day moving average of C$1.51 and a 200 day moving average of C$1.35. The firm has a market capitalization of C$166.42 million, a P/E ratio of -15.29 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06.
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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