Thermal Energy International Inc. (CVE:TMG – Get Free Report) shares traded up 17.2% on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17. 522,733 shares changed hands during mid-day trading, an increase of 320% from the average session volume of 124,366 shares. The stock had previously closed at C$0.15.
Thermal Energy International Stock Up 2.7%
The firm has a market cap of C$32.35 million, a P/E ratio of -190.00 and a beta of -0.26. The company’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.14. The company has a debt-to-equity ratio of 85.01, a current ratio of 1.48 and a quick ratio of 1.19.
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.
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