Zentek Ltd. (CVE:ZEN - Get Free Report) shares shot up 16.3% on Thursday . The company traded as high as C$1.70 and last traded at C$1.57. 121,831 shares traded hands during mid-day trading, an increase of 271% from the average session volume of 32,804 shares. The stock had previously closed at C$1.35.
Zentek Trading Up 3.6 %
The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97. The firm has a market capitalization of C$179.78 million, a price-to-earnings ratio of -16.51 and a beta of 0.77. The company has a fifty day moving average price of C$1.49 and a two-hundred day moving average price of C$1.33.
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 list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
