Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) were up 21.5% on Friday . The stock traded as high as C$1.70 and last traded at C$1.64. Approximately 147,738 shares traded hands during trading, an increase of 343% from the average daily volume of 33,375 shares. The stock had previously closed at C$1.35.
Zentek Stock Down 5.7 %
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 firm has a 50 day moving average of C$1.50 and a two-hundred day moving average of C$1.34. The firm has a market capitalization of C$169.51 million, a price-to-earnings ratio of -15.57 and a beta of 0.77.
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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