ReGen III (CVE:GIII) Trading Down 1.5%

ReGen III Corp. (CVE:GIIIGet Free Report)’s stock price dropped 1.5% during mid-day trading on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 67,000 shares were traded during mid-day trading, an increase of 45% from the average daily volume of 46,092 shares. The stock had previously closed at C$0.33.

ReGen III Price Performance

The firm has a market capitalization of C$38.47 million, a PE ratio of -5.42 and a beta of 1.65. The company has a debt-to-equity ratio of 38.66, a current ratio of 0.34 and a quick ratio of 0.82. The firm has a 50-day simple moving average of C$0.34 and a 200-day simple moving average of C$0.35.

About ReGen III

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ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp.

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