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

CHAR Technologies Ltd. (CVE:YES)’s stock price traded down 1.9% during mid-day trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.27. 77,672 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 136,096 shares. The stock had previously closed at C$0.27.

CHAR Technologies Stock Up 1.9%

The stock has a market capitalization of C$40.70 million, a price-to-earnings ratio of 337.50 and a beta of -0.04. The firm’s fifty day moving average is C$0.27 and its 200-day moving average is C$0.27. The company has a debt-to-equity ratio of 9.20, a current ratio of 1.06 and a quick ratio of 0.60.

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.