ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Get Free Report) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 24,874 shares, a decline of 36.7% from the June 15th total of 39,275 shares. Approximately 4.2% of the company’s stock are sold short. Based on an average daily volume of 5,385 shares, the days-to-cover ratio is currently 4.6 days.
ReTo Eco-Solutions Trading Down 3.0%
RETO stock traded down $0.10 during trading hours on Friday, reaching $3.02. The stock had a trading volume of 12,816 shares, compared to its average volume of 172,901. The stock has a 50-day simple moving average of $2.55 and a 200 day simple moving average of $3.53. ReTo Eco-Solutions has a fifty-two week low of $1.80 and a fifty-two week high of $57.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.19 and a current ratio of 0.21.
ReTo Eco-Solutions (NASDAQ:RETO – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($44.68) earnings per share for the quarter. The firm had revenue of $1.16 million for the quarter.
Analyst Ratings Changes
Read Our Latest Analysis on ReTo Eco-Solutions
ReTo Eco-Solutions Company Profile
ReTo Eco-Solutions, Inc is a U.S.-based environmental services company specializing in the treatment, recycling and re-refining of oilfield and industrial waste streams. The company provides integrated solutions for the recovery of hydrocarbons and water from drilling and production operations, utilizing mechanical separation, thermal desorption, filtration and re-refining technologies to convert used oils into high-quality base oils and minimize disposal volumes.
Through its network of strategically located facilities in core oil and gas regions, ReTo Eco-Solutions offers end-to-end logistics services, including transportation, storage and warehousing of waste materials.
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