Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.67 and traded as low as C$1.46. Zentek shares last traded at C$1.46, with a volume of 41,455 shares trading hands.
Zentek Stock Down 2.7%
The company has a market cap of C$149.99 million, a PE ratio of -13.78 and a beta of 0.77. The firm has a 50-day simple moving average of C$1.97 and a two-hundred day simple moving average of C$1.67. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
Insiders Place Their Bets
In other Zentek 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 value of C$33,000.00. 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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