ReGen III Corp. (CVE:GIII – Get Free Report)’s share price dropped 2.6% during trading on Monday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 7,390 shares changed hands during trading, a decline of 82% from the average daily volume of 40,974 shares. The stock had previously closed at C$0.20.
ReGen III Stock Performance
The stock has a market cap of C$22.49 million, a price-to-earnings ratio of -3.80 and a beta of 1.54. The company has a debt-to-equity ratio of 38.66, a quick ratio of 0.82 and a current ratio of 0.34. The company’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.28.
About ReGen III
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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