ReGen III (CVE:GIII) Stock Price Down 6.7% – Time to Sell?

ReGen III Corp. (CVE:GIIIGet Free Report)’s share price traded down 6.7% on Monday . The company traded as low as C$0.14 and last traded at C$0.14. 140,647 shares traded hands during trading, an increase of 553% from the average session volume of 21,525 shares. The stock had previously closed at C$0.15.

ReGen III Stock Performance

The firm has a market cap of C$18.16 million, a P/E ratio of -6.75 and a beta of 0.39. The company has a debt-to-equity ratio of -70.59, a quick ratio of 0.82 and a current ratio of 0.16. The business’s 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.19.

ReGen III Company Profile

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ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp. in May 2021. The company is headquartered in Vancouver, Canada.

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