Zentek Ltd. (CVE:ZEN - Get Free Report) shot up 41.8% during mid-day trading on Tuesday . The company traded as high as C$1.70 and last traded at C$1.29. 407,343 shares were traded during mid-day trading, an increase of 752% from the average session volume of 47,792 shares. The stock had previously closed at C$0.91.
Zentek Stock Performance
The stock's 50-day moving average price is C$1.20 and its 200 day moving average price is C$1.57. The firm has a market cap of C$122.51 million, a P/E ratio of -14.63 and a beta of 0.29. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59.
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.
Further Reading
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