BQE Water (CVE:BQE) Shares Down 5.3% – Should You Sell?

BQE Water Inc. (CVE:BQE)’s share price traded down 5.3% during mid-day trading on Friday . The company traded as low as C$71.17 and last traded at C$72.00. 300 shares were traded during trading, a decline of 66% from the average session volume of 888 shares. The stock had previously closed at C$75.99.

BQE Water Trading Down 5.3%

The stock’s fifty day simple moving average is C$71.21 and its 200-day simple moving average is C$72.16. The company has a debt-to-equity ratio of 12.98, a current ratio of 5.62 and a quick ratio of 3.70. The firm has a market cap of C$93.67 million, a PE ratio of 18.65 and a beta of 0.52.

About BQE Water

BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.