Zentek Ltd. (NASDAQ:ZTEK – Get Free Report) was up 6.3% during mid-day trading on Monday . The stock traded as high as $1.11 and last traded at $1.10. Approximately 58,483 shares traded hands during trading, an increase of 11% from the average daily volume of 52,528 shares. The stock had previously closed at $1.04.
Zentek Price Performance
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 firm has a market capitalization of $114.54 million, a P/E ratio of -13.75 and a beta of 0.98. The business has a fifty day moving average of $1.00 and a 200-day moving average of $0.92.
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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