Shares of ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Free Report) are going to reverse split on the morning of Monday, May 18th. The 1-4 reverse split was announced on Wednesday, May 13th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 15th.
ReTo Eco-Solutions Trading Up 0.1%
Shares of ReTo Eco-Solutions stock traded up $0.00 on Thursday, reaching $0.63. 390,423 shares of the stock were exchanged, compared to its average volume of 921,274. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 0.01. ReTo Eco-Solutions has a twelve month low of $0.48 and a twelve month high of $19.55. The business has a 50 day moving average price of $0.81 and a two-hundred day moving average price of $2.45.
ReTo Eco-Solutions (NASDAQ:RETO – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($11.17) EPS for the quarter. The company had revenue of $1.16 million during the quarter.
Analyst Ratings Changes
Get Our Latest Analysis on RETO
ReTo Eco-Solutions Company Profile
ReTo Eco-Solutions, Inc is a U.S.-based environmental services company specializing in the treatment, recycling and re-refining of oilfield and industrial waste streams. The company provides integrated solutions for the recovery of hydrocarbons and water from drilling and production operations, utilizing mechanical separation, thermal desorption, filtration and re-refining technologies to convert used oils into high-quality base oils and minimize disposal volumes.
Through its network of strategically located facilities in core oil and gas regions, ReTo Eco-Solutions offers end-to-end logistics services, including transportation, storage and warehousing of waste materials.
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