Negative News Coverage Extremely Unlikely to Impact Thermal Energy International (CVE:TMG) Share Price

Media headlines about Thermal Energy International (CVE:TMG) have been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Thermal Energy International earned a media sentiment score of -2.48 on their scale. InfoTrie also gave news headlines about the company an news buzz score of 1 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

CVE:TMG remained flat at $C$0.07 on Friday. 8,300 shares of the company’s stock traded hands, compared to its average volume of 89,287. The firm’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a current ratio of 1.29, a quick ratio of 1.13 and a debt-to-equity ratio of 76.66. Thermal Energy International has a 52-week low of C$0.06 and a 52-week high of C$0.09. The firm has a market cap of $9.71 million and a PE ratio of -70.00.

About Thermal Energy International

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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