Zentek (NASDAQ:ZTEK) Announces Quarterly Earnings Results

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

Zentek Price Performance

Shares of ZTEK opened at $0.39 on Friday. The firm has a market cap of $49.38 million, a PE ratio of -7.80 and a beta of 0.46. Zentek has a 52-week low of $0.37 and a 52-week high of $1.35. The business’s 50 day moving average price is $0.56 and its two-hundred day moving average price is $0.63. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.74 and a current ratio of 1.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the company presently has an average 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.