Zentek (NASDAQ:ZTEK) Releases Quarterly Earnings Results

Zentek (NASDAQ:ZTEK) released its earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, Zacks reports. The firm had revenue of $0.05 million during the quarter. Zentek had a negative return on equity of 57.52% and a negative net margin of 914.51%.

Zentek Stock Performance

NASDAQ:ZTEK traded up $0.04 during mid-day trading on Thursday, hitting $0.61. 42,237 shares of the company’s stock traded hands, compared to its average volume of 90,539. The firm has a market capitalization of $65.16 million, a price-to-earnings ratio of -12.12 and a beta of 0.38. The firm has a 50 day moving average of $0.73 and a two-hundred day moving average of $0.78. The company has a current ratio of 0.79, a quick ratio of 0.53 and a debt-to-equity ratio of 0.15. Zentek has a 12 month low of $0.55 and a 12 month high of $1.84.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zentek in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Zentek presently has a consensus rating of “Sell”.

About Zentek

Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.