Zentek (ZTEK) Expected to Release Quarterly Earnings on Thursday

Zentek (NASDAQ:ZTEK) is projected to issue its results before the market opens on Thursday, August 13th. Analysts expect Zentek to post earnings of ($0.0240) per share and revenue of $0.24 million for the quarter.

Zentek (NASDAQ:ZTEK) last released its earnings results on Thursday, June 25th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Zentek had a negative net margin of 5,848.76% and a negative return on equity of 81.95%. The company had revenue of $0.03 million during the quarter, compared to the consensus estimate of $0.24 million.

Zentek Stock Down 1.5%

ZTEK stock opened at $0.66 on Thursday. Zentek has a twelve month low of $0.37 and a twelve month high of $1.24. The company has a quick ratio of 0.53, a current ratio of 0.64 and a debt-to-equity ratio of 0.18. The company has a market cap of $82.97 million, a PE ratio of -9.36 and a beta of 0.44. The business’s 50-day simple moving average is $0.50 and its 200 day simple moving average is $0.58.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zentek in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Zentek currently has an average rating of “Sell”.

Zentek Company Profile

Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.