ReGen III (CVE:GIII) Trading Down 12.5% – Should You Sell?

ReGen III Corp. (CVE:GIIIGet Free Report) was down 12.5% during trading on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 107,000 shares changed hands during trading, an increase of 31% from the average daily volume of 81,862 shares. The stock had previously closed at C$0.20.

ReGen III Stock Down 12.5%

The stock has a fifty day moving average price of C$0.19 and a 200 day moving average price of C$0.19. The company has a debt-to-equity ratio of -158.48, a current ratio of 2.14 and a quick ratio of 0.81. The stock has a market capitalization of C$27.08 million, a P/E ratio of -5.83 and a beta of 0.54.

ReGen III Company Profile

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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. in May 2021. The company is headquartered in Vancouver, Canada.

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