Zentek Ltd. (CVE:ZEN - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.29 and traded as low as C$1.06. Zentek shares last traded at C$1.11, with a volume of 55,491 shares traded.
Zentek Stock Performance
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$120.70 million, a P/E ratio of -9.25 and a beta of 0.77. The business's 50 day simple moving average is C$1.04 and its two-hundred day simple moving average is C$1.29.
Zentek (CVE:ZEN - Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The mining company reported C($0.03) EPS for the quarter. The firm had revenue of C$0.01 million for the quarter. Sell-side analysts anticipate that Zentek Ltd. will post -0.1 EPS for the current fiscal year.
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.
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