Zentek (NASDAQ:ZTEK) Announces Earnings Results

Zentek (NASDAQ:ZTEK - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $0.57 million for the quarter. Zentek had a negative net margin of 1,186.72% and a negative return on equity of 56.28%.

Zentek Price Performance

Shares of ZTEK traded up $0.01 during midday trading on Tuesday, hitting $1.10. 17,127 shares of the company traded hands, compared to its average volume of 40,850. The stock has a market cap of $115.18 million, a price-to-earnings ratio of -18.33 and a beta of 0.56. The firm has a 50 day moving average of $1.48 and a 200-day moving average of $1.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 1.83. Zentek has a 52 week low of $0.50 and a 52 week high of $1.84.

Zentek Company Profile

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.