Zentek Ltd. (NASDAQ:ZTEK – Get Free Report) traded down 11.4% on Thursday . The company traded as low as $0.66 and last traded at $0.70. 22,779 shares were traded during mid-day trading, a decline of 21% from the average session volume of 28,854 shares. The stock had previously closed at $0.79.
Zentek Price Performance
The firm has a 50-day moving average of $0.77 and a 200-day moving average of $0.95. The stock has a market cap of $72.85 million, a PE ratio of -8.75 and a beta of 0.73. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.20 and a quick ratio of 1.54.
Zentek (NASDAQ:ZTEK – Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. Zentek had a negative net margin of 31,538.46% and a negative return on equity of 51.71%.
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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