Shares of Zentek Ltd. (CVE:ZEN – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.33 and traded as high as C$1.35. Zentek shares last traded at C$1.31, with a volume of 15,085 shares traded.
Zentek Stock Performance
The stock has a market cap of C$168.48 million, a price-to-earnings ratio of -15.48 and a beta of 0.77. The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97. The firm has a fifty day simple moving average of C$1.49 and a 200-day simple moving average of C$1.33.
About Zentek
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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