Zentek (NASDAQ:ZTEK) Announces Quarterly Earnings Results

Zentek (NASDAQ:ZTEK) issued its earnings results on Thursday. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03), Zacks reports. Zentek had a negative net margin of 875.49% and a negative return on equity of 60.84%.

Zentek Price Performance

NASDAQ ZTEK traded down $0.01 during trading on Thursday, hitting $0.41. 41,584 shares of the company’s stock were exchanged, compared to its average volume of 212,850. The company has a market cap of $51.41 million, a PE ratio of -8.16 and a beta of 0.46. The company has a current ratio of 1.00, a quick ratio of 0.74 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $0.56 and its two-hundred day moving average price is $0.63. Zentek has a fifty-two week low of $0.37 and a fifty-two week high of $1.35.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zentek in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Zentek

Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.