Negative Media Coverage Extremely Likely to Affect Thermal Energy International (CVE:TMG) Stock Price

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Media coverage about Thermal Energy International (CVE:TMG) has been trending negative on Sunday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Thermal Energy International earned a news sentiment score of -2.75 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the immediate future.

Thermal Energy International stock opened at C$0.07 on Friday. The firm has a market cap of $12.14 million and a price-to-earnings ratio of 35.00. Thermal Energy International has a 52 week low of C$0.05 and a 52 week high of C$0.15. The business’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.08. The company has a quick ratio of 1.19, a current ratio of 1.34 and a debt-to-equity ratio of 71.29.

About Thermal Energy International

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, China, and internationally. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX, a low temperature biomass drying system.

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