CHAR Technologies (CVE:YES) Shares Up 5.1% – Time to Buy?

CHAR Technologies Ltd. (CVE:YESGet Free Report)’s share price shot up 5.1% on Monday . The stock traded as high as C$0.22 and last traded at C$0.21. 58,088 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 69,926 shares. The stock had previously closed at C$0.20.

CHAR Technologies Stock Performance

The firm’s 50-day moving average price is C$0.20 and its two-hundred day moving average price is C$0.23. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 1,068.91. The firm has a market capitalization of C$26.44 million, a PE ratio of -3.20 and a beta of -0.76.

About CHAR Technologies

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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.

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