Thermal Energy International (CVE:TMG) Trading Down 3.3% – Should You Sell?

Thermal Energy International Inc. (CVE:TMGGet Free Report)’s stock price traded down 3.3% during mid-day trading on Monday . The company traded as low as C$0.15 and last traded at C$0.15. 94,800 shares traded hands during trading, a decline of 67% from the average session volume of 284,810 shares. The stock had previously closed at C$0.15.

Thermal Energy International Stock Down 3.3 %

The company has a market capitalization of C$25.10 million, a PE ratio of 41.92 and a beta of 0.38. The company’s fifty day moving average is C$0.18 and its 200-day moving average is C$0.20. The company has a debt-to-equity ratio of 85.01, a quick ratio of 1.19 and a current ratio of 1.48.

Thermal Energy International Company Profile

(Get Free Report)

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.

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