The stock of Zecotek Photonics Inc. (CVE:ZMS) is a huge mover today! About 66,732 shares traded hands. Zecotek Photonics Inc. (CVE:ZMS) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 9 months negative chart setup for the $33.81 million company. It was reported on Nov, 7 by Barchart.com. We have $0.26 PT which if reached, will make CVE:ZMS worth $3.38 million less.
More recent Zecotek Photonics Inc. (CVE:ZMS) news were published by: Pehub.com which released: “SCI buys $5 mln stake in Zecotek Imaging Systems” on October 20, 2016. Also Marketwired.com published the news titled: “Chinese OEM Orders Zecotek’s LFS Scintillation Crystals for Third Scanner” on October 13, 2016. Marketwired.com‘s news article titled: “Zecotek Proposes to Extend Warrants” with publication date: October 24, 2016 was also an interesting one.
Zecotek Photonics Inc. develops photonics technologies and products for commercial and research applications. The company has a market cap of $33.81 million. The Company’s subsidiaries include Zecotek Imaging Systems Pte Ltd. , Zecotek Display Systems Pte Ltd. (ZDS) and Zecotek Optronics Systems Pte Ltd. (ZOS). It currently has negative earnings. ZIS has developed its lutetium fine silicate (LFS) scintillation crystals and solid-state Micro-pixel Avalanche Photo Diodes (MAPD) photo detectors.