Zentek Ltd. (CVE:ZEN – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.54 and traded as low as C$1.04. Zentek shares last traded at C$1.17, with a volume of 120,952 shares.
Zentek Trading Up 9.3%
The company has a market cap of C$122.51 million, a price-to-earnings ratio of -14.63 and a beta of 0.39. The business has a fifty day simple moving average of C$1.14 and a 200 day simple moving average of C$1.54. The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97.
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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