CHAR Technologies (CVE:YES) Shares Down 5.9% – Should You Sell?

CHAR Technologies Ltd. (CVE:YES) shares traded down 5.9% during trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 285,647 shares were traded during mid-day trading, an increase of 102% from the average session volume of 141,198 shares. The stock had previously closed at C$0.26.

CHAR Technologies Stock Down 5.9%

The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 1,068.91. The firm’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.24. The company has a market capitalization of C$32.08 million, a price-to-earnings ratio of -26.09 and a beta of -0.87.

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.