Zentek Ltd. (CVE:ZEN - Get Free Report) shares shot up 20.7% during trading on Thursday . The company traded as high as C$1.70 and last traded at C$1.63. 139,738 shares were traded during mid-day trading, an increase of 324% from the average session volume of 32,949 shares. The stock had previously closed at C$1.35.
Zentek Price Performance
The stock 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's 50-day simple moving average is C$1.49 and its 200-day simple moving average is C$1.33. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
Zentek Company Profile
(
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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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