For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Zentek Ltd’s stock clocked out at $0.64, down -4.48% from its previous closing price of $0.67. In other words, the price has decreased by -$4.48 from its previous closing price. On the day, 74062.0 shares were traded. ZTEK stock price reached its highest trading level at $0.6648 during the session, while it also had its lowest trading level at $0.64.
Ratios:
To gain a deeper understanding of ZTEK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZTEK now has a Market Capitalization of 68676160 and an Enterprise Value of 69229960. For the stock, the TTM Price-to-Sale (P/S) ratio is 107.31 while its Price-to-Book (P/B) ratio in mrq is 7.99. Its current Enterprise Value per Revenue stands at 75.635 whereas that against EBITDA is -8.401.
Stock Price History:
The Beta on a monthly basis for ZTEK is 0.40, which has changed by -0.31632656 over the last 52 weeks, in comparison to a change of 0.17511821 over the same period for the S&P500. Over the past 52 weeks, ZTEK has reached a high of $1.84, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -15.89%, while the 200-Day Moving Average is calculated to be -36.80%.
Shares Statistics:
It appears that ZTEK traded 74.97K shares on average per day over the past three months and 49120 shares per day over the past ten days. A total of 104.82M shares are outstanding, with a floating share count of 101.69M. Insiders hold about 5.23% of the company’s shares, while institutions hold 1.69% stake in the company. Shares short for ZTEK as of 1765756800 were 58139 with a Short Ratio of 0.78, compared to 1763078400 on 93082. Therefore, it implies a Short% of Shares Outstanding of 58139 and a Short% of Float of 0.059999997.
