Zentek Ltd. (CVE:ZEN - Get Free Report)'s share price rose 41.8% during mid-day trading on Tuesday . The stock traded as high as C$1.70 and last traded at C$1.29. Approximately 407,343 shares were traded during mid-day trading, an increase of 752% from the average daily volume of 47,792 shares. The stock had previously closed at C$0.91.
Zentek Price Performance
The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97. The firm has a market capitalization of C$121.46 million, a PE ratio of -14.50 and a beta of 0.57. The firm's fifty day simple moving average is C$1.22 and its 200-day simple moving average is C$1.57.
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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