CHAR Technologies Ltd. (CVE:YES – Get Free Report) dropped 8% on Thursday. The company traded as low as C$0.21 and last traded at C$0.23. 122,142 shares were traded during mid-day trading, a decline of 2% from the average session volume of 124,590 shares. The stock had previously closed at C$0.25.
CHAR Technologies Trading Up 2.2%
The stock has a fifty day simple moving average of C$0.26 and a 200 day simple moving average of C$0.27. The company has a debt-to-equity ratio of 51.09, a quick ratio of 0.60 and a current ratio of 0.65. The firm has a market cap of C$35.52 million, a P/E ratio of 21.76 and a beta of -0.27.
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.
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