ReGen III (CVE:GIII) Trading Down 6.7%

ReGen III Corp. (CVE:GIIIGet Free Report)’s share price was down 6.7% during mid-day trading on Wednesday . The stock traded as low as C$0.27 and last traded at C$0.28. Approximately 33,501 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 44,119 shares. The stock had previously closed at C$0.30.

ReGen III Stock Down 6.7 %

The firm’s 50-day moving average price is C$0.31 and its 200-day moving average price is C$0.33. The company has a market cap of C$33.14 million, a price-to-earnings ratio of -5.60 and a beta of 1.56. The company has a debt-to-equity ratio of 38.66, a current ratio of 1.29 and a quick ratio of 0.82.

About ReGen III

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ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp.

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