Thermal Energy International (CVE:TMG) Reaches New 1-Year Low at $0.06

Thermal Energy International Inc. (CVE:TMG) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 121000 shares trading hands. The stock had previously closed at C$0.06.

The stock has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.72, a current ratio of 0.83 and a debt-to-equity ratio of 88.97. The stock has a market capitalization of $9.71 million and a price-to-earnings ratio of -55.00.

About Thermal Energy International (CVE:TMG)

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, China, and internationally. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX, a low temperature biomass drying system.

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