Shares of ZEN Graphene Solutions Ltd. (OTCMKTS:ZENYF – Get Free Report) rose 10.9% on Tuesday . The stock traded as high as $2.84 and last traded at $2.84. Approximately 38,800 shares traded hands during trading, a decline of 31% from the average daily volume of 56,433 shares. The stock had previously closed at $2.56.
ZEN Graphene Solutions Price Performance
The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.85 and a current ratio of 3.85. The business’s 50 day simple moving average is $2.84. The firm has a market cap of $281.50 million, a PE ratio of -35.50 and a beta of 0.60.
About ZEN Graphene Solutions
Zentek Ltd. is an emerging high-tech nano-graphite and graphene materials company. It focuses on the development of Albany Graphite Deposit project. The company was founded on July 29, 2008 and is headquartered in Thunder Bay, Canada.
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