CHAR Technologies (CVE:YES) Trading Down 1.9% – What’s Next?

CHAR Technologies Ltd. (CVE:YES)’s stock price fell 1.9% during trading on Thursday . The company traded as low as C$0.26 and last traded at C$0.27. Approximately 28,987 shares were traded during trading, a decline of 80% from the average session volume of 141,419 shares. The stock had previously closed at C$0.27.

CHAR Technologies Stock Performance

The company has a debt-to-equity ratio of 9.20, a quick ratio of 0.60 and a current ratio of 1.06. The firm has a market capitalization of C$39.94 million, a P/E ratio of 331.25 and a beta of -0.04. The firm has a 50 day moving average price of C$0.27 and a two-hundred day moving average price of C$0.27.

CHAR Technologies Company Profile

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.