Zentek Ltd. (CVE:ZEN – Get Free Report)’s stock price rose 22.9% on Friday . The stock traded as high as C$1.75 and last traded at C$1.72. Approximately 148,065 shares changed hands during trading, an increase of 358% from the average daily volume of 32,335 shares. The stock had previously closed at C$1.40.
Zentek Trading Up 20.7 %
The stock has a market cap of C$175.84 million, a PE ratio of -14.08 and a beta of 0.77. The firm has a 50-day moving average price of C$1.49 and a 200-day moving average price of C$1.28. The company has a debt-to-equity ratio of 5.91, a quick ratio of 7.59 and a current ratio of 2.20.
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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