Zentek Ltd. (CVE:ZEN - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.32 and traded as high as C$1.41. Zentek shares last traded at C$1.32, with a volume of 18,300 shares trading hands.
Zentek Stock Up 5.9 %
The firm's 50 day simple moving average is C$1.50 and its 200-day simple moving average is C$1.32. The company has a market cap of C$146.91 million, a price-to-earnings ratio of -13.49 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
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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