Zentek (CVE:ZEN) Stock Price Crosses Below 200-Day Moving Average of $1.64

Zentek Ltd. (CVE:ZENGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.64 and traded as low as C$1.58. Zentek shares last traded at C$1.59, with a volume of 16,126 shares.

Zentek Stock Down 1.9 %

The company has a market cap of C$153.25 million, a P/E ratio of -13.82 and a beta of 0.86. The company has a debt-to-equity ratio of 5.68, a current ratio of 6.05 and a quick ratio of 7.59. The stock has a fifty day moving average price of C$1.66 and a two-hundred day moving average price of C$1.64.

Zentek (CVE:ZENGet Free Report) last released its quarterly earnings results on Monday, February 12th. The mining company reported C($0.03) EPS for the quarter. The company had revenue of C$0.01 million during the quarter. On average, research analysts expect that Zentek Ltd. will post -0.1 EPS for the current year.

Zentek Company Profile

(Get Free Report)

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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