Sparta Capital (CVE:SAY) Stock Price Down 25% – Time to Sell?
by Mitch Edgeman · The Markets DailySparta Capital Ltd. (CVE:SAY – Get Free Report) shares dropped 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 439,100 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 525,600 shares. The stock had previously closed at C$0.02.
Sparta Capital Price Performance
The stock has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The firm has a market capitalization of C$3.74 million, a price-to-earnings ratio of -2.00 and a beta of 1.59.
About Sparta Capital
Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.
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