Thermal Energy International (CVE:TMG) Stock Price Down 19.2%

Thermal Energy International Inc. (CVE:TMG)’s stock price was down 19.2% during mid-day trading on Thursday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 241,492 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 262,430 shares. The stock had previously closed at C$0.26.

Thermal Energy International Price Performance

The company has a 50-day moving average of C$0.23 and a two-hundred day moving average of C$0.25. The stock has a market capitalization of C$35.38 million, a PE ratio of 20.50 and a beta of 0.39. The company has a debt-to-equity ratio of 138.90, a current ratio of 1.31 and a quick ratio of 1.19.

About Thermal Energy International

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.