Zentek (NASDAQ:ZTEK) Posts Earnings Results

Zentek (NASDAQ:ZTEK) announced its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Zentek had a negative net margin of 27,217.24% and a negative return on equity of 53.99%.

Zentek Trading Down 1.9 %

Shares of NASDAQ ZTEK traded down $0.02 during midday trading on Thursday, hitting $1.07. The stock had a trading volume of 5,847 shares, compared to its average volume of 50,038. The company has a quick ratio of 1.63, a current ratio of 2.06 and a debt-to-equity ratio of 0.01. Zentek has a 1-year low of $0.50 and a 1-year high of $1.35. The company has a market capitalization of $111.29 million, a price-to-earnings ratio of -13.36 and a beta of 0.98. The company has a fifty day moving average price of $1.05 and a 200 day moving average price of $0.94.

About Zentek

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.