Thermal Energy International (CVE:TMG) Sets New 12-Month Low – Time to Sell?

Thermal Energy International Inc. (CVE:TMGGet Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 2700 shares traded. The stock had previously closed at C$0.14.

Thermal Energy International Stock Down 7.4 %

The company has a market capitalization of C$21.64 million, a PE ratio of 36.14 and a beta of 0.38. The company has a current ratio of 1.48, a quick ratio of 1.19 and a debt-to-equity ratio of 85.01. The firm has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.19.

About Thermal Energy International

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Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.

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