Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price rose 17.7% during mid-day trading on Wednesday . The stock traded as high as C$2.48 and last traded at C$2.39. Approximately 260,536 shares traded hands during mid-day trading, an increase of 528% from the average daily volume of 41,460 shares. The stock had previously closed at C$2.03.
Zentek Trading Down 3.2 %
The stock has a 50 day moving average of C$1.58 and a 200 day moving average of C$1.49. 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 has a market cap of C$248.61 million, a P/E ratio of -22.84 and a beta of 0.77.
Zentek Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Zentek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zentek wasn't on the list.
While Zentek currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
