Sky Quarry (NASDAQ:SKYQ) Shares Down 10.2% – Here’s What Happened

Sky Quarry Inc. (NASDAQ:SKYQGet Free Report)’s stock price dropped 10.2% during mid-day trading on Wednesday . The company traded as low as $1.05 and last traded at $1.15. Approximately 229,184 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 193,173 shares. The stock had previously closed at $1.28.

Sky Quarry Stock Down 10.2 %

The firm’s fifty day moving average is $1.44.

Sky Quarry Company Profile

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We are an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. The recycling of asphalt shingles is expected to reduce the dependence on landfills for the removal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses.

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