Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.29 and traded as low as C$1.25. Zentek shares last traded at C$1.26, with a volume of 88,926 shares traded.
Zentek Stock Performance
The company has a 50 day moving average price of C$1.32 and a 200-day moving average price of C$1.29. The company has a quick ratio of 7.59, a current ratio of 2.20 and a debt-to-equity ratio of 5.91. The company has a market cap of C$129.02 million, a P/E ratio of -10.33 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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