Zentek (NASDAQ:ZTEK) Shares Up 1.3% – Here’s What Happened

Zentek Ltd. (NASDAQ:ZTEKGet Free Report) shares traded up 1.3% on Friday . The company traded as high as $1.19 and last traded at $1.15. 22,762 shares were traded during mid-day trading, a decline of 30% from the average session volume of 32,466 shares. The stock had previously closed at $1.14.

Zentek Stock Up 1.3 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 2.06. The firm has a fifty day simple moving average of $0.79 and a 200-day simple moving average of $0.94. The firm has a market cap of $119.68 million, a price-to-earnings ratio of -14.38 and a beta of 0.73.

Zentek Company Profile

(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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