CHAR Technologies (CVE:YES) Hits New 1-Year Low – Here’s Why

CHAR Technologies Ltd. (CVE:YES – Get Free Report)’s stock price hit a new 52-week low during trading on Friday. The company traded as low as C$0.20 and last traded at C$0.20, with a volume of 80,455 shares changing hands. The stock had previously closed at C$0.21.

CHAR Technologies Trading Down 7.1%

The stock has a market cap of C$29.48 million, a PE ratio of 18.06 and a beta of -0.27. The stock has a fifty day moving average price of C$0.25 and a 200 day moving average price of C$0.27. The company has a debt-to-equity ratio of 51.09, a quick ratio of 0.60 and a current ratio of 0.65.

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. 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.

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