CHAR Technologies (CVE:YES) Stock Price Down 1.9% – Here’s Why

CHAR Technologies Ltd. (CVE:YES)’s stock price fell 1.9% during trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.27. 28,987 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 141,419 shares. The stock had previously closed at C$0.27.

CHAR Technologies Trading Down 1.9%

The business’s 50 day moving average price is C$0.27 and its 200-day moving average price is C$0.27. The company has a current ratio of 1.06, a quick ratio of 0.60 and a debt-to-equity ratio of 9.20. The company has a market cap of C$39.94 million, a price-to-earnings ratio of 331.25 and a beta of -0.04.

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. The company also provides custom equipment for industrial water treatment; and services in environmental compliance, environmental management, site investigation and remediation; and engineering and resource efficiency services.