Zentek (NASDAQ:ZTEK) Trading 2.7% Higher – Still a Buy?

Shares of Zentek Ltd. (NASDAQ:ZTEKGet Free Report) were up 2.7% during trading on Friday . The stock traded as high as $1.16 and last traded at $1.13. Approximately 29,698 shares were traded during trading, a decline of 9% from the average daily volume of 32,704 shares. The stock had previously closed at $1.10.

Zentek Trading Up 2.7 %

The firm’s 50 day simple moving average is $0.91 and its two-hundred day simple moving average is $0.94. The stock has a market capitalization of $117.57 million, a P/E ratio of -14.13 and a beta of 0.93. The company has a quick ratio of 1.63, a current ratio of 2.06 and a debt-to-equity ratio of 0.01.

About Zentek

(Get Free Report)

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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