CHAR Technologies (CVE:YES) Sets New 12-Month Low – Should You Sell?

CHAR Technologies Ltd. (CVE:YESGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.18.

CHAR Technologies Stock Performance

The business’s 50 day simple moving average is C$0.21 and its two-hundred day simple moving average is C$0.29. The firm has a market capitalization of C$18.25 million, a PE ratio of -2.25 and a beta of 1.59. The company has a current ratio of 0.57, a quick ratio of 0.60 and a debt-to-equity ratio of 175.05.

Insider Activity at CHAR Technologies

In other CHAR Technologies news, Director James Sbrolla bought 801,139 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$156,222.11. 18.80% of the stock is owned by company insiders.

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.

Read More

Receive News & Ratings for CHAR Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHAR Technologies and related companies with MarketBeat.com's FREE daily email newsletter.