Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price traded down 19% during mid-day trading on Monday . The stock traded as low as C$1.08 and last traded at C$1.19. 263,425 shares were traded during mid-day trading, an increase of 509% from the average session volume of 43,223 shares. The stock had previously closed at C$1.47.
Zentek Stock Down 13.6%
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 firm has a 50 day simple moving average of C$1.93 and a 200-day simple moving average of C$1.68. The stock has a market cap of C$130.47 million, a P/E ratio of -11.98 and a beta of 0.77.
Insider Buying and Selling
In other news, Senior Officer Colin Stuart Van Der Kuur sold 15,000 shares of Zentek stock in a transaction on Thursday, May 8th. The stock was sold at an average price of C$2.20, for a total value of C$33,000.00. 6.01% of the stock is currently owned by company insiders.
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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