Zentek (NASDAQ:ZTEK) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Zentek (NASDAQ:ZTEK) released its earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01, Zacks reports. Zentek had a negative net margin of 5,848.76% and a negative return on equity of 81.95%.

Zentek Stock Down 3.8%

NASDAQ:ZTEK traded down $0.02 during trading hours on Friday, hitting $0.61. The stock had a trading volume of 145,857 shares, compared to its average volume of 146,167. The company has a market cap of $77.25 million, a PE ratio of -8.71 and a beta of 0.44. The business has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.58. Zentek has a 1-year low of $0.37 and a 1-year high of $1.24. The company has a current ratio of 0.64, a quick ratio of 0.53 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

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

About Zentek

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.