CHAR Technologies (CVE:YES) Reaches New 12-Month Low – Time to Sell?

CHAR Technologies Ltd. (CVE:YESGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 95584 shares. The stock had previously closed at C$0.18.

CHAR Technologies Price Performance

The business’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.26. The company has a quick ratio of 0.60, a current ratio of 0.57 and a debt-to-equity ratio of 175.05. The company has a market capitalization of C$17.23 million, a PE ratio of -2.13 and a beta of 1.59.

Insider Activity

In other CHAR Technologies news, Director James Sbrolla bought 801,139 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of C$0.20 per share, for a total transaction of C$156,222.11. Corporate insiders own 18.80% of the company’s stock.

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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