CHAR Technologies (CVE:YES) Trading Down 5.1% – Time to Sell?

CHAR Technologies Ltd. (CVE:YES)’s stock price traded down 5.1% during trading on Thursday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 12,987 shares traded hands during trading, a decline of 91% from the average session volume of 141,313 shares. The stock had previously closed at C$0.29.

CHAR Technologies Stock Down 5.1%

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 stock’s fifty day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.28. The stock has a market capitalization of C$42.20 million, a P/E ratio of 350.00 and a beta of -0.04.

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.