Zentek Ltd. (CVE:ZEN – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.50 and traded as high as C$2.33. Zentek shares last traded at C$2.16, with a volume of 54,200 shares traded.
Zentek Stock Performance
The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97. The company has a market cap of C$221.90 million, a P/E ratio of -20.38 and a beta of 0.77. The company’s 50-day moving average price is C$1.62 and its two-hundred day moving average price is C$1.50.
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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