Zentek Ltd. (CVE:ZEN – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.36 and traded as high as C$1.41. Zentek shares last traded at C$1.41, with a volume of 71,202 shares.
Zentek Price Performance
The business’s 50 day moving average is C$1.36 and its 200-day moving average is C$1.28. The company has a quick ratio of 7.59, a current ratio of 2.20 and a debt-to-equity ratio of 5.91. The firm has a market capitalization of C$146.71 million, a P/E ratio of -11.75 and a beta of 0.77.
Zentek Company Profile
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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