Zentek (ZTEK) Projected to Release Quarterly Earnings on Thursday

Zentek (NASDAQ:ZTEK) is anticipated to post its results before the market opens on Thursday, August 13th. Analysts expect Zentek to announce earnings of ($0.0240) per share and revenue of $0.24 million for the quarter.

Zentek (NASDAQ:ZTEK) last released its quarterly earnings data on Thursday, June 25th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $0.03 million during the quarter, compared to the consensus estimate of $0.24 million. Zentek had a negative return on equity of 81.95% and a negative net margin of 5,848.76%.

Zentek Stock Down 2.3%

Shares of ZTEK opened at $0.66 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.64 and a quick ratio of 0.53. The stock has a market capitalization of $83.57 million, a price-to-earnings ratio of -9.43 and a beta of 0.44. Zentek has a 1 year low of $0.37 and a 1 year high of $1.24. The business’s 50 day simple moving average is $0.51 and its 200-day simple moving average is $0.58.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zentek in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Zentek currently 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.