ReGen III (CVE:GIII) Trading 11.1% Higher – Here’s Why

ReGen III Corp. (CVE:GIIIGet Free Report) shares shot up 11.1% during trading on Monday . The company traded as high as C$0.20 and last traded at C$0.20. 57,332 shares changed hands during trading, an increase of 14% from the average session volume of 50,279 shares. The stock had previously closed at C$0.18.

ReGen III Stock Performance

The company has a debt-to-equity ratio of 38.66, a current ratio of 0.34 and a quick ratio of 0.82. The stock has a market capitalization of C$23.67 million, a PE ratio of -4.00 and a beta of 1.52. The firm has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.25.

ReGen III Company Profile

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ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp.

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