Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price fell 15.6% on Monday . The company traded as low as C$1.08 and last traded at C$1.24. 334,625 shares changed hands during mid-day trading, an increase of 652% from the average session volume of 44,495 shares. The stock had previously closed at C$1.47.
Zentek Trading Down 10.2%
The business's 50 day moving average price is C$1.93 and its two-hundred day moving average price is C$1.68. The company has a market capitalization of C$135.60 million, a price-to-earnings ratio of -12.46 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06.
Insider Buying and Selling at Zentek
In other news, Senior Officer Colin Stuart Van Der Kuur sold 15,000 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$2.20, for a total value of C$33,000.00. Corporate insiders own 6.01% of the company's stock.
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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