Zentek Ltd. (CVE:ZEN - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.56 and traded as low as C$1.15. Zentek shares last traded at C$1.22, with a volume of 20,839 shares.
Zentek Trading Down 3.4%
The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The firm's 50 day moving average is C$1.18 and its 200 day moving average is C$1.56. The company has a market capitalization of C$146.59 million, a PE ratio of -17.50 and a beta of 0.29.
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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