CHAR Technologies (CVE:YES) Hits New 52-Week Low – What’s Next?

CHAR Technologies Ltd. (CVE:YES – Get Free Report) shares reached a new 52-week low on Wednesday. The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 25,806 shares trading hands. The stock had previously closed at C$0.20.

CHAR Technologies Stock Performance

The firm’s 50 day moving average price is C$0.24 and its 200-day moving average price is C$0.27. The firm has a market cap of C$27.96 million, a price-to-earnings ratio of 17.13 and a beta of -0.27. The company has a debt-to-equity ratio of 51.09, a current ratio of 0.65 and a quick ratio of 0.60.

CHAR Technologies Company Profile

(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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