CHAR Technologies (CVE:YES) Hits New 52-Week Low – What’s Next?

CHAR Technologies Ltd. (CVE:YES – Get Free Report)’s share price hit a new 52-week low on Friday. The stock traded as low as C$0.20 and last traded at C$0.20, with a volume of 80,455 shares. The stock had previously closed at C$0.21.

CHAR Technologies Price Performance

The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 51.09. The stock has a 50 day simple moving average of C$0.25 and a 200-day simple moving average of C$0.27. The firm has a market cap of C$29.48 million, a PE ratio of 18.06 and a beta of -0.27.

About CHAR Technologies

(Get Free Report)

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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