Zentek Ltd. (CVE:ZEN – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.48 and traded as low as C$1.22. Zentek shares last traded at C$1.22, with a volume of 16,776 shares.
Zentek Trading Up 1.6 %
The stock has a market cap of C$129.02 million, a P/E ratio of -10.33 and a beta of 0.84. The firm’s 50 day moving average price is C$1.32 and its 200-day moving average price is C$1.48. The company has a debt-to-equity ratio of 5.91, a current ratio of 2.20 and a quick ratio of 7.59.
Zentek (CVE:ZEN – Get Free Report) last posted its earnings results on Monday, August 12th. The mining company reported C($0.03) EPS for the quarter. The business had revenue of C$0.01 million during the quarter. As a group, equities research analysts forecast that Zentek Ltd. will post -0.1 earnings per share for the current year.
Zentek Company Profile
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.
Featured Articles
- Five stocks we like better than Zentek
- The Role Economic Reports Play in a Successful Investment Strategy
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- What is the Shanghai Stock Exchange Composite Index?
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- What Are Growth Stocks and Investing in Them
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Receive News & Ratings for Zentek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zentek and related companies with MarketBeat.com's FREE daily email newsletter.
