Zentek (CVE:ZEN) Stock Crosses Below 200-Day Moving Average of $1.59

Zentek Ltd. (CVE:ZENGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.59 and traded as low as C$1.30. Zentek shares last traded at C$1.35, with a volume of 24,138 shares traded.

Zentek Price Performance

The company has a quick ratio of 7.59, a current ratio of 6.05 and a debt-to-equity ratio of 5.68. The stock has a market capitalization of C$136.03 million, a PE ratio of -12.27 and a beta of 0.88. The company has a 50-day moving average of C$1.48 and a 200 day moving average of C$1.59.

Zentek Company Profile

(Get Free Report)

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.

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