Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price was up 17.7% on Wednesday . The company traded as high as C$2.48 and last traded at C$2.39. Approximately 260,536 shares were traded 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 Stock Performance
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 company has a 50 day simple moving average of C$1.58 and a 200-day simple moving average of C$1.49. The firm has a market cap of C$248.61 million, a PE ratio of -22.84 and a beta of 0.77.
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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