Zentek Ltd. (NASDAQ:ZTEK – Get Free Report) dropped 1.9% during mid-day trading on Tuesday . The stock traded as low as $0.74 and last traded at $0.77. Approximately 55,006 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 28,482 shares. The stock had previously closed at $0.79.
Zentek Stock Performance
The stock has a market capitalization of $77.83 million, a PE ratio of -9.63 and a beta of 0.75. The company has a quick ratio of 1.54, a current ratio of 2.20 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $0.95 and a 200-day moving average of $1.07.
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. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, 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 compound.
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