Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price traded up 17.7% on Wednesday . The company traded as high as C$2.48 and last traded at C$2.39. 260,536 shares traded hands during trading, an increase of 528% from the average session volume of 41,460 shares. The stock had previously closed at C$2.03.
Zentek Price Performance
The firm has a market cap of C$249.64 million, a PE ratio of -22.93 and a beta of 0.77. The stock's fifty day moving average price is C$1.56 and its 200-day moving average price is C$1.48. The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06.
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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