Shares of Zentek Ltd. (NASDAQ:ZTEK – Get Free Report) shot up 1.3% during trading on Friday . The stock traded as high as $0.99 and last traded at $0.97. 75,704 shares traded hands during mid-day trading, an increase of 154% from the average session volume of 29,833 shares. The stock had previously closed at $0.96.
Zentek Price Performance
The company’s fifty day moving average price is $1.05 and its 200 day moving average price is $1.15. The company has a quick ratio of 2.65, a current ratio of 3.44 and a debt-to-equity ratio of 0.03.
Zentek (NASDAQ:ZTEK – Get Free Report) last announced its earnings results on Wednesday, June 26th. The company reported ($0.02) EPS for the quarter.
Zentek Company Profile
Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, 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 compound.
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