Zentek Ltd. (CVE:ZEN – Get Free Report)’s stock price shot up 21.5% during mid-day trading on Thursday . The stock traded as high as C$1.70 and last traded at C$1.64. 147,738 shares changed hands during trading, an increase of 343% from the average session volume of 33,375 shares. The stock had previously closed at C$1.35.
Zentek Stock Performance
The business has a 50-day simple moving average of C$1.49 and a 200 day simple moving average of C$1.33. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The firm has a market cap of C$168.48 million, a PE ratio of -15.48 and a beta of 0.77.
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.
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