Zentek (NASDAQ:ZTEK) Releases Quarterly Earnings Results

Zentek (NASDAQ:ZTEK) issued its quarterly earnings data on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Zentek had a negative net margin of 914.51% and a negative return on equity of 57.52%. The business had revenue of $0.05 million during the quarter.

Zentek Stock Up 6.0%

Shares of ZTEK stock traded up $0.03 during trading on Thursday, reaching $0.60. The company’s stock had a trading volume of 43,791 shares, compared to its average volume of 90,850. Zentek has a one year low of $0.55 and a one year high of $1.84. The business has a fifty day moving average price of $0.73 and a 200-day moving average price of $0.78. The company has a market cap of $64.51 million, a price-to-earnings ratio of -12.00 and a beta of 0.38. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 0.15.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zentek in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Zentek Company Profile

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.