Zentek (ZTEK) Stock Price, News & Analysis

Company Overview

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. It is also developing graphene oxide synthesis and graphene synthesis. In addition, the company owns 100% interest in the Albany graphite project located in Northern Ontario, Canada. The company was formerly known as ZEN Graphene Solutions Ltd. and changed its name to Zentek Ltd. in October 2021. Zentek Ltd. was incorporated in 2008 and is headquartered in Guelph, Canada.

Key Stats

• Today's Range: $0.76 to $0.79
• 50-Day Range: $0.55 to $0.97
• 52-Week Range: $0.50 to $1.59
• Volume: 22,296 shs
• Average Volume: 29,149 shs
• Market Capitalization: $82.22 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Zentek Stock Analysis - MarketRank™

Zentek scored higher than 1% of companies evaluated by MarketBeat, and ranked 343rd out of 343 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Zentek.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Zentek is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zentek is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Zentek has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.53% of the float of Zentek has been sold short.

Short Interest Ratio / Days to Cover

Zentek has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Zentek has recently decreased by 0.23%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Zentek does not currently pay a dividend.

Dividend Growth

Zentek does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.53% of the float of Zentek has been sold short.

Short Interest Ratio / Days to Cover

Zentek has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Zentek has recently decreased by 0.23%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

4 people have searched for ZTEK on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Zentek to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Zentek insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.77% of the stock of Zentek is held by institutions.

ZTEK Stock Analysis - Frequently Asked Questions

How have ZTEK shares performed this year?

Zentek's stock was trading at $1.08 at the start of the year. Since then, ZTEK stock has decreased by 27.8% and is now trading at $0.78.
View the best growth stocks for 2024 here.

How were Zentek's earnings last quarter?

Zentek Ltd. (NASDAQ:ZTEK) posted its earnings results on Monday, August, 12th. The company reported ($0.02) earnings per share for the quarter. Zentek had a negative trailing twelve-month return on equity of 51.71% and a negative net margin of 31,538.46%.

How do I buy shares of Zentek?

Shares of ZTEK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Zentek own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Zentek investors own include ZEN Graphene Solutions (ZENYF), Zentek (ZEN), Comcast (CMCSA), Walmart (WMT), ASML (ASML), Broadcom (AVGO) and Bionano Genomics (BNGO).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/08/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Miscellaneous chemical products
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ZTEK
• CUSIP: N/A
• CIK: 1904501
• Web: www.zentek.com
• Phone: (844) 730-9822
• Fax: 416-595-8695
• Employees: 24
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,680,000.00
• Net Margins: -31,538.46%
• Pretax Margin: -31,519.23%
• Return on Equity: -51.71%
• Return on Assets: -46.38%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 2.20
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: $20,000.00
• Price / Sales: 4,058.73
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.15 per share
• Price / Book: 5.20

Miscellaneous

• Outstanding Shares: 104,070,000
• Free Float: N/A
• Market Cap: $81.17 million
• Optionable: Not Optionable
• Beta: 0.73