Zentek Ltd. (CVE:ZEN – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.80 and traded as high as C$0.94. Zentek shares last traded at C$0.92, with a volume of 83,970 shares trading hands.
Zentek Trading Up 2.2%
The company has a debt-to-equity ratio of 19.52, a current ratio of 0.64 and a quick ratio of 7.59. The stock’s 50 day moving average is C$0.70 and its 200-day moving average is C$0.80. The company has a market capitalization of C$116.49 million, a P/E ratio of -10.22 and a beta of 0.72.
Zentek Company Profile
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.
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