Zentek (CVE:ZEN) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Zentek Ltd. (CVE:ZENGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.33 and traded as high as C$1.35. Zentek shares last traded at C$1.31, with a volume of 15,085 shares traded.

Zentek Trading Down 1.5 %

The stock has a market cap of C$134.58 million, a PE ratio of -12.36 and a beta of 0.77. The firm has a 50-day simple moving average of C$1.49 and a 200-day simple moving average of C$1.33. The company has a quick ratio of 7.59, a current ratio of 2.06 and a debt-to-equity ratio of 4.97.

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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