Zentek (ZTEK) to Post Earnings on Thursday

Zentek (NASDAQ:ZTEK) is expected to be posting its results before the market opens on Thursday, August 13th. Analysts expect Zentek to announce earnings of ($0.0240) per share and revenue of $0.24 million for the quarter.

Zentek (NASDAQ:ZTEK) last announced its quarterly earnings results on Thursday, June 25th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Zentek had a negative return on equity of 81.95% and a negative net margin of 5,848.76%.The business had revenue of $0.03 million for the quarter, compared to analysts’ expectations of $0.24 million.

Zentek Trading Up 1.5%

NASDAQ:ZTEK opened at $0.68 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.64 and a quick ratio of 0.53. Zentek has a 12 month low of $0.37 and a 12 month high of $1.24. The firm has a market capitalization of $85.56 million, a PE ratio of -9.65 and a beta of 0.43. The business’s 50-day moving average is $0.50 and its two-hundred day moving average is $0.58.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zentek in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Zentek currently has a consensus rating of “Sell”.

Zentek Company Profile

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.