CHAR Technologies (CVE:YES) Trading Down 11.5% – Here’s What Happened

by · The Markets Daily

CHAR Technologies Ltd. (CVE:YES – Get Free Report) shares fell 11.5% during trading on Friday . The company traded as low as C$0.25 and last traded at C$0.27. 253,980 shares were traded during trading, an increase of 245% from the average session volume of 73,619 shares. The stock had previously closed at C$0.31.

CHAR Technologies Trading Down 11.5%

The stock has a market cap of C$34.82 million, a P/E ratio of -4.22 and a beta of -0.83. The firm’s fifty day moving average price is C$0.22 and its two-hundred day moving average price is C$0.23. The company has a debt-to-equity ratio of 1,068.91, a current ratio of 0.62 and a quick ratio of 0.60.

CHAR Technologies Company Profile

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CHAR Technologies Ltd., a cleantech development and services company, engages in the conversion of organic waste into renewable gases and biocarbon products. It offers SulfaCHAR, an activated charcoal; CleanFyre, a solid biofuel; and high temperature pyrolysis technology, which transform organic waste streams to renewable outputs, as well as converting woody materials.

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