ZEN Graphene Solutions (OTCMKTS:ZENYF) Shares Cross Below 50-Day Moving Average – Here’s What Happened

ZEN Graphene Solutions Ltd. (OTCMKTS:ZENYFGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $2.84 and traded as low as $2.60. ZEN Graphene Solutions shares last traded at $2.84, with a volume of 38,800 shares changing hands.

ZEN Graphene Solutions Stock Performance

The firm has a market capitalization of $281.50 million, a PE ratio of -35.50 and a beta of 0.60. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.06. The company’s fifty day moving average price is $2.84.

ZEN Graphene Solutions Company Profile

(Get Free Report)

Zentek Ltd. is an emerging high-tech nano-graphite and graphene materials company. It focuses on the development of Albany Graphite Deposit project. The company was founded on July 29, 2008 and is headquartered in Thunder Bay, Canada.

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