Zentek Ltd. (CVE:ZEN - Get Free Report)'s share price rose 21.5% during trading on Thursday . The stock traded as high as C$1.70 and last traded at C$1.64. 147,738 shares were traded during mid-day trading, an increase of 343% from the average session volume of 33,375 shares. The stock had previously closed at C$1.35.
Zentek Trading Up 3.6 %
The company has a market cap of C$179.78 million, a price-to-earnings ratio of -16.51 and a beta of 0.77. The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97. The business's fifty day simple moving average is C$1.50 and its two-hundred day simple moving average is C$1.34.
Zentek Company Profile
(
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.
Further Reading
Before you consider Zentek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zentek wasn't on the list.
While Zentek currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
