Shares of ZEN Graphene Solutions Ltd (CVE:ZEN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.38 and traded as low as $0.30. ZEN Graphene Solutions shares last traded at $0.31, with a volume of 117,500 shares trading hands.

The firm has a market cap of $21.56 million and a price-to-earnings ratio of -8.61. The business has a 50 day moving average price of C$0.31 and a 200-day moving average price of C$0.38.

About ZEN Graphene Solutions (CVE:ZEN)

ZEN Graphene Solutions Ltd. engages in the acquisition, exploration, and development of properties for the mining of precious and base metals in Canada. The company explores for graphite. It holds a 100% interest in the Albany property located in Northern Ontario, Canada. The company was formerly known as Zenyatta Ventures Ltd.

Further Reading: Market Timing

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