Zentek Ltd. (NASDAQ:ZTEK - Get Free Report)'s share price rose 6.3% during mid-day trading on Monday . The company traded as high as $1.11 and last traded at $1.10. Approximately 58,483 shares were traded during trading, an increase of 11% from the average daily volume of 52,528 shares. The stock had previously closed at $1.04.
Zentek Price Performance
The stock's 50-day moving average price is $1.00 and its 200 day moving average price is $0.92. The company has a quick ratio of 1.63, a current ratio of 2.06 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $112.46 million, a price-to-earnings ratio of -13.50 and a beta of 0.98.
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.
Recommended Stories
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
