Shares of CHAR Technologies Ltd. (CVE:YES – Get Free Report) fell 10.6% on Wednesday . The stock traded as low as C$0.29 and last traded at C$0.30. 147,349 shares traded hands during mid-day 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 Stock Performance
The firm has a market capitalization of C$41.44 million, a price-to-earnings ratio of 106.90 and a beta of -0.12. 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’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.27.
About CHAR Technologies
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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