Zentek Ltd. (CVE:ZEN - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.68 and traded as low as C$1.15. Zentek shares last traded at C$1.20, with a volume of 29,790 shares changing hands.
Zentek Stock Performance
The company has a market cap of C$128.41 million, a PE ratio of -11.80 and a beta of 0.77. The firm's fifty day moving average is C$1.75 and its 200 day moving average is C$1.66. The company has a current ratio of 2.06, a quick ratio of 7.59 and a debt-to-equity ratio of 4.97.
Insider Buying and Selling
In related news, Senior Officer Colin Stuart Van Der Kuur sold 15,000 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of C$2.20, for a total transaction of C$33,000.00. Company insiders own 6.01% of the company's stock.
Zentek Company Profile
(
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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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