The stock of Zecotek Photonics Inc. (CVE:ZMS) is a huge mover today! About 68,500 shares traded hands. Zecotek Photonics Inc. (CVE:ZMS) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 9 months positive chart setup for the $31.85 million company. It was reported on Nov, 16 by Barchart.com. We have $0.49 PT which if reached, will make CVE:ZMS worth $27.07 million more.
More important 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 article titled: “Chinese OEM Orders Zecotek’s LFS Scintillation Crystals for Third Scanner”, Marketwired.com published: “Zecotek Proposes to Extend Warrants” on October 24, 2016. More interesting news about Zecotek Photonics Inc. (CVE:ZMS) was released by: Globenewswire.com and their article: “Why Zecotek Might be Canada’s Next Big Tech Stock” with publication date: May 28, 2014.
Zecotek Photonics Inc. develops photonics technologies and products for commercial and research applications. The company has a market cap of $31.85 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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