Zentek Ltd. (NASDAQ:ZTEK - Get Free Report) traded down 11.4% during mid-day trading on Thursday . The stock traded as low as $0.66 and last traded at $0.70. 22,779 shares were traded during trading, a decline of 21% from the average session volume of 28,854 shares. The stock had previously closed at $0.79.
Zentek Price Performance
The company's 50 day moving average price is $0.77 and its 200-day moving average price is $0.95. The company has a market capitalization of $70.78 million, a PE ratio of -8.75 and a beta of 0.73. The company has a current ratio of 2.20, a quick ratio of 1.54 and a debt-to-equity ratio of 0.02.
Zentek (NASDAQ:ZTEK - Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. Zentek had a negative net margin of 31,538.46% and a negative return on equity of 51.71%.
About Zentek
(
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.
Featured Articles
Before you consider Zentek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zentek wasn't on the list.
While Zentek currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.