Thermal Energy International Inc. (CVE:TMG – Get Free Report) shares shot up 6.9% during mid-day trading on Thursday. The company traded as high as C$0.15 and last traded at C$0.15. Approximately 504,400 shares were traded during mid-day trading, an increase of 379% from the average daily volume of 105,372 shares. The stock had previously closed at C$0.14.
Thermal Energy International Price Performance
The business has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.16. The company has a market cap of C$26.50 million, a price-to-earnings ratio of 22.14 and a beta of 0.23. The company has a current ratio of 1.54, a quick ratio of 1.19 and a debt-to-equity ratio of 35.14.
Thermal Energy International Company Profile
Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.
Featured Articles
- Five stocks we like better than Thermal Energy International
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
- Constellation Energy’s Nuclear Expansion Gets a $5 Billion Opening, Not a Guarantee
- Plugging In: Vertiv Cashes In On AI Demand
Receive News & Ratings for Thermal Energy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thermal Energy International and related companies with MarketBeat.com's FREE daily email newsletter.
