CHAR Technologies (CVE:YES) Sets New 52-Week Low – Here’s Why

CHAR Technologies Ltd. (CVE:YESGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.22 and last traded at C$0.23, with a volume of 211200 shares trading hands. The stock had previously closed at C$0.23.

CHAR Technologies Stock Performance

The company has a current ratio of 0.57, a quick ratio of 0.60 and a debt-to-equity ratio of 175.05. The company’s 50-day simple moving average is C$0.28 and its 200-day simple moving average is C$0.34. The stock has a market capitalization of C$23.32 million, a price-to-earnings ratio of -2.88 and a beta of 1.62.

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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