Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.36 and traded as high as C$1.41. Zentek shares last traded at C$1.41, with a volume of 71,202 shares changing hands.
Zentek Stock Performance
The stock has a fifty day moving average price of C$1.37 and a 200-day moving average price of C$1.28. The company has a current ratio of 2.20, a quick ratio of 7.59 and a debt-to-equity ratio of 5.91. The firm has a market capitalization of C$146.71 million, a price-to-earnings ratio of -11.75 and a beta of 0.77.
About Zentek
(
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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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