Zentek (NASDAQ:ZTEK) Announces Earnings Results

Zentek (NASDAQ:ZTEK) announced its earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, Zacks reports. Zentek had a negative net margin of 27,217.24% and a negative return on equity of 53.99%.

Zentek Price Performance

ZTEK stock traded down $0.02 during trading on Thursday, hitting $1.07. The stock had a trading volume of 5,847 shares, compared to its average volume of 50,038. The stock has a market cap of $111.29 million, a price-to-earnings ratio of -13.36 and a beta of 0.98. Zentek has a 1-year low of $0.50 and a 1-year high of $1.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 2.06. The company’s 50 day moving average price is $1.05 and its two-hundred day moving average price is $0.94.

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.