CHAR Technologies (CVE:YES) Shares Down 7.9% – Here’s Why

CHAR Technologies Ltd. (CVE:YESGet Free Report) shares were down 7.9% on Thursday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 15,010 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 58,412 shares. The stock had previously closed at C$0.19.

CHAR Technologies Trading Down 7.9 %

The stock has a market capitalization of C$20.70 million, a PE ratio of -2.12 and a beta of 1.59. The stock’s 50 day moving average price is C$0.18 and its 200-day moving average price is C$0.20. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 1,068.91.

About CHAR Technologies

(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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