Zentek Ltd. (CVE:ZEN – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.05 and traded as low as C$0.82. Zentek shares last traded at C$0.82, with a volume of 10,760 shares trading hands.
Zentek Stock Performance
The stock has a market capitalization of C$88.19 million, a PE ratio of -10.25 and a beta of 0.22. The company has a quick ratio of 7.59, a current ratio of 1.00 and a debt-to-equity ratio of 15.41. The stock has a fifty day moving average of C$0.96 and a 200-day moving average of C$1.05.
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. It is also developing graphene oxide synthesis and graphene synthesis. In addition, the company owns 100% interest in the Albany graphite project located in Northern Ontario, Canada.
Further Reading
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