CHAR Technologies (CVE:YES) Stock Price Down 1.8% – Should You Sell?

CHAR Technologies Ltd. (CVE:YES)’s share price fell 1.8% during mid-day trading on Thursday . The stock traded as low as C$0.28 and last traded at C$0.28. 27,120 shares changed hands during trading, a decline of 82% from the average session volume of 150,018 shares. The stock had previously closed at C$0.28.

CHAR Technologies Stock Down 1.8%

The company has a debt-to-equity ratio of 9.20, a current ratio of 1.06 and a quick ratio of 0.60. The firm has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.28. The stock has a market capitalization of C$36.76 million, a price-to-earnings ratio of 94.83 and a beta of -0.12.

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.