CHAR Technologies (CVE:YES) Shares Down 12.1% – What’s Next?
by Doug Wharley · The Cerbat GemCHAR Technologies Ltd. (CVE:YES – Get Free Report) shares traded down 12.1% on Monday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 112,012 shares changed hands during trading, an increase of 1% from the average session volume of 111,223 shares. The stock had previously closed at C$0.33.
CHAR Technologies Trading Down 10.6%
The company has a market cap of C$38.04 million, a price-to-earnings ratio of -4.61 and a beta of -0.57. The company’s 50 day moving average price is C$0.26 and its 200 day moving average price is C$0.24. The company has a debt-to-equity ratio of 1,068.91, a quick ratio of 0.60 and a current ratio of 0.62.
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.