CHAR Technologies (CVE:YES) Stock Price Down 1.9% – Here’s Why

CHAR Technologies Ltd. (CVE:YESGet Free Report)’s stock price fell 1.9% during mid-day trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.26. 209,178 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 136,075 shares. The stock had previously closed at C$0.26.

CHAR Technologies Stock Down 1.9%

The stock has a market capitalization of C$38.44 million, a price-to-earnings ratio of 318.75 and a beta of -0.03. The firm’s fifty day moving average is C$0.29 and its 200-day moving average is C$0.28. The company has a debt-to-equity ratio of 9.20, a current ratio of 1.06 and a quick ratio of 0.60.

CHAR Technologies Company Profile

(Get Free Report)

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.

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