CHAR Technologies (CVE:YES) Stock Price Down 2% – Here’s Why

CHAR Technologies Ltd. (CVE:YESGet Free Report)’s share price was down 2% on Wednesday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 45,150 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 39,977 shares. The stock had previously closed at C$0.26.

CHAR Technologies Stock Performance

The company has a quick ratio of 0.60, a current ratio of 0.57 and a debt-to-equity ratio of 175.05. The company has a market capitalization of C$22.81 million, a PE ratio of -2.81 and a beta of 1.59. The company has a 50-day moving average price of C$0.26 and a two-hundred day moving average price of C$0.32.

CHAR Technologies Company Profile

(Get Free Report)

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.

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