CHAR Technologies (CVE:YES) Stock Price Down 12.1% – Here’s What Happened
by Teresa Graham · The Cerbat GemCHAR Technologies Ltd. (CVE:YES – Get Free Report) shares dropped 12.1% during mid-day trading on Monday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 130,500 shares traded hands during trading, an increase of 8% from the average daily volume of 120,517 shares. The stock had previously closed at C$0.33.
CHAR Technologies Price Performance
The company has a market cap of C$38.04 million, a PE ratio of -4.61 and a beta of -0.57. The business has a 50 day moving average of C$0.26 and a 200 day moving average of C$0.24. 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.
About CHAR Technologies
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. The company also provides custom equipment for industrial water treatment; and services in environmental compliance, environmental management, site investigation and remediation; and engineering and resource efficiency services.