Shares of Zentek Ltd. (NASDAQ:ZTEK – Get Free Report) traded up 2.7% on Friday . The stock traded as high as $1.16 and last traded at $1.13. 29,698 shares were traded during mid-day trading, a decline of 9% from the average session volume of 32,704 shares. The stock had previously closed at $1.10.
Zentek Stock Performance
The company has a market capitalization of $117.57 million, a PE ratio of -14.13 and a beta of 0.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 2.06. The stock’s fifty day simple moving average is $0.91 and its 200-day simple moving average is $0.94.
About Zentek
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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