CHAR Technologies (CVE:YES) Shares Down 10.6% – Should You Sell?

Shares of CHAR Technologies Ltd. (CVE:YESGet Free Report) were down 10.6% during mid-day trading on Wednesday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 147,349 shares traded hands during trading, a decline of 4% from the average daily volume of 152,849 shares. The stock had previously closed at C$0.33.

CHAR Technologies Stock Down 15.2%

The company has a debt-to-equity ratio of 16.13, a quick ratio of 0.60 and a current ratio of 0.76. The firm has a market capitalization of C$37.43 million, a price-to-earnings ratio of 96.55 and a beta of -0.12. The firm has a fifty day moving average price of C$0.27 and a 200 day moving average price of C$0.27.

About CHAR Technologies

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CHAR Technologies Ltd., a cleantech development and services company, engages in the conversion of organic waste into renewable gases and biocarbon products. It offers SulfaCHAR, an activated charcoal; CleanFyre, a solid biofuel; and high temperature pyrolysis technology, which transform organic waste streams to renewable outputs, as well as converting woody materials. The company also provides custom equipment for industrial water treatment; and services in environmental compliance, environmental management, site investigation and remediation; and engineering and resource efficiency services.

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