CHAR Technologies (CVE:YES) Reaches New 52-Week Low – Should You Sell?

Shares of CHAR Technologies Ltd. (CVE:YES) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 86060 shares traded. The stock had previously closed at C$0.16.

CHAR Technologies Price 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 stock has a market capitalization of C$15.71 million, a P/E ratio of -1.94 and a beta of 1.59. The company has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.24.

Insider Buying and Selling

In related news, Director James Sbrolla bought 801,139 shares of CHAR Technologies stock in a transaction on Thursday, November 14th. The shares were purchased at an average price of C$0.20 per share, for a total transaction of C$156,222.11. 18.80% of the stock is currently owned by insiders.

CHAR Technologies Company Profile

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.