ZEN Graphene Solutions (CVE:ZEN) Stock Price Crosses Above 200 Day Moving Average of $3.07

Shares of ZEN Graphene Solutions Ltd. (CVE:ZEN) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.07 and traded as high as C$4.99. ZEN Graphene Solutions shares last traded at C$4.86, with a volume of 126,333 shares changing hands.

The company has a market capitalization of C$437.62 million and a price-to-earnings ratio of -78.10. The firm has a 50-day moving average price of C$3.90 and a 200-day moving average price of C$3.08. The company has a current ratio of 7.86, a quick ratio of 7.46 and a debt-to-equity ratio of 1.20.

ZEN Graphene Solutions (CVE:ZEN) last released its quarterly earnings data on Friday, August 27th. The mining company reported C($0.02) earnings per share for the quarter. Equities research analysts predict that ZEN Graphene Solutions Ltd. will post -0.04 EPS for the current fiscal year.

In other news, Senior Officer Peter Wood sold 43,100 shares of the firm’s stock in a transaction on Thursday, September 2nd. The stock was sold at an average price of C$3.18, for a total transaction of C$136,842.50. Following the completion of the sale, the insider now directly owns 56,900 shares of the company’s stock, valued at approximately C$180,657.50.

ZEN Graphene Solutions Company Profile (CVE:ZEN)

ZEN Graphene Solutions Ltd., a graphene technology solutions company, engages in developing graphene-based nanomaterial products and applications. It owns 100% interest in the Albany Graphite Project located in Northern Ontario, Canada. ZEN Graphene Solutions has collaboration with Graphene Composites Ltd.

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