Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price traded up 0.6% during mid-day trading on Wednesday . The company traded as high as C$1.59 and last traded at C$1.57. 26,167 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 50,822 shares. The stock had previously closed at C$1.56.
Zentek Price Performance
The company has a debt-to-equity ratio of 5.91, a current ratio of 2.20 and a quick ratio of 7.59. The firm has a market capitalization of C$165.96 million, a price-to-earnings ratio of -13.29 and a beta of 0.77. The business's fifty day simple moving average is C$1.26 and its 200 day simple moving average is C$1.29.
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.
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
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.