Zentek Ltd. (CVE:ZEN – Get Free Report) was up 10% on Friday . The company traded as high as C$1.60 and last traded at C$1.54. Approximately 81,255 shares were traded during mid-day trading, an increase of 223% from the average daily volume of 25,159 shares. The stock had previously closed at C$1.40.
Zentek Stock Up 20.7 %
The stock’s fifty day simple moving average is C$1.49 and its two-hundred day simple moving average is C$1.28. The company has a market capitalization of C$175.84 million, a price-to-earnings ratio of -14.08 and a beta of 0.77. The company has a debt-to-equity ratio of 5.91, a quick ratio of 7.59 and a current ratio of 2.20.
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.
Featured Articles
- Five stocks we like better than Zentek
- 5 discounted opportunities for dividend growth investors
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Most Volatile Stocks, What Investors Need to Know
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- The Role Economic Reports Play in a Successful Investment Strategy
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Zentek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zentek and related companies with MarketBeat.com's FREE daily email newsletter.
