Zentek (NASDAQ:ZTEK) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Zentek (NASDAQ:ZTEK) announced its quarterly earnings data on Friday. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01, Zacks reports. Zentek had a negative net margin of 5,848.76% and a negative return on equity of 81.95%.

Zentek Stock Down 3.8%

Zentek stock opened at $0.61 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.64 and a quick ratio of 0.53. The business has a 50 day simple moving average of $0.51 and a 200-day simple moving average of $0.58. The stock has a market capitalization of $77.25 million, a PE ratio of -8.72 and a beta of 0.44. Zentek has a 12 month low of $0.37 and a 12 month high of $1.24.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zentek in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Zentek has an average 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.