Zentek Ltd. (CVE:ZEN - Get Free Report)'s stock price was up 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 529% from the average daily volume of 41,394 shares. The stock had previously closed at C$2.03.
Zentek Trading Up 17.7 %
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 business's fifty day moving average is C$1.49 and its 200-day moving average is C$1.44. The stock has a market capitalization of C$245.53 million, a PE ratio of -22.55 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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