Zentek Ltd. (CVE:ZEN – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.46 and traded as low as C$1.17. Zentek shares last traded at C$1.19, with a volume of 94,268 shares changing hands.
Zentek Stock Performance
The company has a market cap of C$123.82 million, a P/E ratio of -9.92 and a beta of 0.84. 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 business has a fifty day simple moving average of C$1.30 and a two-hundred day simple moving average of C$1.46.
Zentek (CVE:ZEN – Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The mining company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$0.01 million for the quarter. On average, sell-side analysts anticipate that Zentek Ltd. will post -0.1 EPS for the current year.
Zentek Company Profile
Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, 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 compound.
Featured Articles
- Five stocks we like better than Zentek
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- What is a support level?
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Zentek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zentek and related companies with MarketBeat.com's FREE daily email newsletter.