ZEN Graphene Solutions (OTCMKTS:ZENYF) Shares Pass Below Fifty Day Moving Average of $2.84

Shares of ZEN Graphene Solutions Ltd. (OTCMKTS:ZENYFGet Free Report) passed below its 50 day moving average during trading on Monday . 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 trading hands.

ZEN Graphene Solutions Trading Up 10.9 %

The stock has a market cap of $281.50 million, a P/E 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 firm’s 50 day simple moving average is $2.84.

About ZEN Graphene Solutions

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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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