Renergen Limited Chess Depositary Interests 1:1 (ASX:RLT) Stock Price Down 6.7%

Renergen Limited Chess Depositary Interests 1:1 (ASX:RLT)’s stock price traded down 6.7% on Monday . The stock traded as low as A$0.83 ($0.59) and last traded at A$0.83 ($0.59), 24,062 shares changed hands during trading. The stock had previously closed at A$0.89 ($0.63).

The business has a 50-day simple moving average of A$0.86. The company has a debt-to-equity ratio of 20.40, a current ratio of 7.41 and a quick ratio of 6.78. The firm has a market capitalization of $92.36 million and a PE ratio of -1.81.

About Renergen Limited Chess Depositary Interests 1:1 (ASX:RLT)

Renergen Limited, an investment holding company, engages in the alternative and renewable energy businesses in South Africa and sub-Saharan Africa. The company explores for, develops, produces, and sells compressed natural gas and liquefied helium for use in the industrial user, liquid fuel substitution, helium, and power generation markets.

See Also: Cost of equity and a company’s balance sheet

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