Zentek Ltd. (CVE:ZEN – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.29 and traded as low as C$1.06. Zentek shares last traded at C$1.11, with a volume of 55,491 shares trading hands.
Zentek Price Performance
The company has a debt-to-equity ratio of 5.91, a quick ratio of 7.59 and a current ratio of 2.20. The firm has a market cap of C$115.50 million, a price-to-earnings ratio of -9.25 and a beta of 0.77. The company’s fifty day moving average is C$1.04 and its two-hundred day moving average is C$1.29.
Zentek (CVE:ZEN – Get Free Report) last posted its earnings results on Monday, August 12th. The mining company reported C($0.03) earnings per share for the quarter. The company had revenue of C$0.01 million for the quarter. Equities research analysts forecast that Zentek Ltd. will post -0.1 EPS for the current year.
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.
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