Shares of Zentek Ltd. (CVE:ZEN - Get Free Report) shot up 41.8% on Wednesday . The stock traded as high as C$1.70 and last traded at C$1.29. 407,343 shares changed hands during trading, an increase of 752% from the average session volume of 47,792 shares. The stock had previously closed at C$0.91.
Zentek Trading Up 2.6%
The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The company has a market cap of C$125.65 million, a PE ratio of -15.00 and a beta of 0.29. The company's 50 day simple moving average is C$1.20 and its two-hundred day simple moving average is C$1.57.
About Zentek
(
Get Free Report)
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.
Featured Stories
Before you consider Zentek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zentek wasn't on the list.
While Zentek currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
