Zentek Ltd. (CVE:ZEN - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.37 and traded as low as C$1.37. Zentek shares last traded at C$1.45, with a volume of 12,600 shares traded.
Zentek Price Performance
The firm has a market capitalization of C$138.69 million, a P/E ratio of -12.74 and a beta of 0.77. The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97. The business's 50 day moving average is C$1.48 and its 200-day moving average is C$1.38.
About Zentek
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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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