Radient Technologies (CVE:RTI) Stock Price Down 7.7%

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Radient Technologies Inc (CVE:RTI) shares were down 7.7% on Thursday . The company traded as low as C$0.72 and last traded at C$0.72, approximately 175,504 shares changed hands during mid-day trading. A decline of 63% from the average daily volume of 472,735 shares. The stock had previously closed at C$0.78.

The firm has a market capitalization of $210.03 million and a P/E ratio of -6.15. The stock’s 50-day simple moving average is C$0.73 and its two-hundred day simple moving average is C$0.88. The company has a debt-to-equity ratio of 15.77, a current ratio of 1.74 and a quick ratio of 0.87.

Radient Technologies Company Profile (CVE:RTI)

Radient Technologies Inc engages in the research, development, and commercialization of technology for the extraction, isolation, and purification of soluble products from various materials using microwave technology in the United States and Canada. Its proprietary microwave assisted processing (MAP) technology is used for the selective and localized heating of moisture in various natural materials using microwaves.

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