Zentek (CVE:ZEN) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Zentek Ltd. (CVE:ZENGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.35 and traded as high as C$1.68. Zentek shares last traded at C$1.62, with a volume of 92,950 shares.

Zentek Price Performance

The company has a debt-to-equity ratio of 4.97, a quick ratio of 7.59 and a current ratio of 2.06. The company has a fifty day moving average price of C$1.51 and a two-hundred day moving average price of C$1.35. The company has a market cap of C$166.42 million, a P/E ratio of -15.29 and a beta of 0.77.

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.

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