Does Zecotek Photonics Inc. Have Any Gas After Today’s Huge Decline?

 Does Zecotek Photonics Inc. Have Any Gas After Today's Huge Decline?

The stock of Zecotek Photonics Inc. (CVE:ZMS) is a huge mover today! About 57,200 shares traded hands. Zecotek Photonics Inc. (CVE:ZMS) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 8 months negative chart setup for the $31.81 million company. It was reported on Nov, 25 by Barchart.com. We have $0.23 PT which if reached, will make CVE:ZMS worth $2.54 million less.

More important recent Zecotek Photonics Inc. (CVE:ZMS) news were published by: Marketwired.com which released: “Zecotek Increases Non-Brokered Private Placement to $1500000” on November 22, 2016, also Marketwired.com published article titled: “Zecotek Proposes to Extend Warrants”, Globenewswire.com published: “Why Zecotek Might be Canada’s Next Big Tech Stock” on May 28, 2014. More interesting news about Zecotek Photonics Inc. (CVE:ZMS) was released by: Prnewswire.com and their article: “Zecotek Signs Agreement with RAM NS Technologies to Market and Distribute …” with publication date: September 20, 2016.

Zecotek Photonics Inc. develops photonics technologies and products for commercial and research applications. The company has a market cap of $31.81 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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