Thermal Energy International (CVE:TMG) Trading 6.7% Higher

Thermal Energy International Inc. (CVE:TMG)’s stock price rose 6.7% during trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 141,013 shares were traded during trading, a decline of 53% from the average daily volume of 302,148 shares. The stock had previously closed at C$0.23.

Thermal Energy International Price Performance

The company has a market capitalization of C$41.42 million, a P/E ratio of 24.00 and a beta of 0.42. The firm’s fifty day moving average is C$0.24 and its 200 day moving average is C$0.27. The company has a debt-to-equity ratio of 138.90, a quick ratio of 1.19 and a current ratio of 1.31.

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, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.