Zecotek Photonics Inc. Can’t Burn Your Short Portfolio. Has Another Weak Session

 Zecotek Photonics Inc. Can't Burn Your Short Portfolio. Has Another Weak Session

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.

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