ReGen III (CVE:GIII) Trading 25.7% Higher – Still a Buy?

Shares of ReGen III Corp. (CVE:GIIIGet Free Report) were up 25.7% on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 663,000 shares were traded during trading, an increase of 807% from the average daily volume of 73,123 shares. The stock had previously closed at C$0.18.

ReGen III Trading Up 25.7 %

The company has a quick ratio of 0.82, a current ratio of 0.16 and a debt-to-equity ratio of -70.59. The business’s fifty day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.28. The company has a market cap of C$29.12 million, a price-to-earnings ratio of -5.39 and a beta of 1.52.

About ReGen III

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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.

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