Zentek (CVE:ZEN) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Zentek Ltd. (CVE:ZENGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.29 and traded as high as C$1.66. Zentek shares last traded at C$1.63, with a volume of 11,548 shares trading hands.

Zentek Stock Performance

The company has a debt-to-equity ratio of 5.91, a current ratio of 2.20 and a quick ratio of 7.59. The firm has a market cap of C$169.60 million, a price-to-earnings ratio of -13.58 and a beta of 0.77. The company has a fifty day moving average price of C$1.51 and a two-hundred day moving average price of C$1.29.

Zentek Company Profile

(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.

See Also

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.