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 Performance
The company's 50-day moving average price is C$1.97 and its two-hundred day moving average price is C$1.67. The company has a market capitalization of C$148.96 million, a price-to-earnings ratio of -13.68 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
Insider Buying and Selling at Zentek
In other news, Senior Officer Colin Stuart Van Der Kuur sold 15,000 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of C$2.20, for a total value of C$33,000.00. Company insiders own 6.01% of the company's stock.
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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