CHAR Technologies (CVE:YES) Shares Down 10.6% – Should You Sell?

CHAR Technologies Ltd. (CVE:YES)’s share price fell 10.6% during trading on Wednesday . The stock traded as low as C$0.29 and last traded at C$0.30. 147,349 shares traded hands during trading, a decline of 4% from the average session volume of 152,849 shares. The stock had previously closed at C$0.33.

CHAR Technologies Trading Down 15.2%

The business’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.27. The company has a debt-to-equity ratio of 16.13, a quick ratio of 0.60 and a current ratio of 0.76. The stock has a market capitalization of C$37.43 million, a PE ratio of 96.55 and a beta of -0.12.

CHAR Technologies Company Profile

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.