Zentek (CVE:ZEN) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Zentek Ltd. (CVE:ZENGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.32 and traded as high as C$1.41. Zentek shares last traded at C$1.32, with a volume of 18,300 shares changing hands.

Zentek Stock Down 1.5 %

The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The firm’s 50 day moving average is C$1.49 and its two-hundred day moving average is C$1.32. The firm has a market capitalization of C$135.60 million, a P/E ratio of -12.46 and a beta of 0.77.

Zentek Company Profile

(Get Free Report)

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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