Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.27 and traded as low as C$1.16. Zentek shares last traded at C$1.33, with a volume of 75,474 shares changing hands.
Zentek Stock Performance
The stock's 50-day moving average price is C$1.03 and its 200-day moving average price is C$1.27. The company has a debt-to-equity ratio of 5.91, a quick ratio of 7.59 and a current ratio of 2.20. The company has a market capitalization of C$145.67 million, a price-to-earnings ratio of -11.67 and a beta of 0.77.
Zentek (CVE:ZEN - Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The mining company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$0.01 million for the quarter. As a group, equities research analysts expect that Zentek Ltd. will post -0.1 earnings per share for the current year.
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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