Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) rose 17.7% during mid-day trading on Tuesday . The company 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 Up 7.6 %
The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06. The stock has a 50-day moving average price of C$1.52 and a 200-day moving average price of C$1.45. The stock 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
(
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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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