Zentek Ltd. (CVE:ZEN - Get Free Report) traded up 22.9% on Friday . The stock traded as high as C$1.75 and last traded at C$1.72. 148,065 shares changed hands during mid-day trading, an increase of 358% from the average session volume of 32,335 shares. The stock had previously closed at C$1.40.
Zentek Stock Up 17.9 %
The stock has a fifty day moving average price of C$1.48 and a 200-day moving average price of C$1.28. The firm has a market cap of C$171.68 million, a PE ratio of -13.75 and a beta of 0.77. The company has a debt-to-equity ratio of 5.91, a quick ratio of 7.59 and a current ratio of 2.20.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.