Thermal Energy International (CVE:TMG) Hits New 52-Week High – Time to Buy?

Thermal Energy International Inc. (CVE:TMG) hit a new 52-week high on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18, with a volume of 303873 shares. The stock had previously closed at C$0.19.

Thermal Energy International Price Performance

The company has a debt-to-equity ratio of 85.01, a current ratio of 1.48 and a quick ratio of 1.19. The firm has a market capitalization of C$32.35 million, a price-to-earnings ratio of -190.00 and a beta of -0.26. The business has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14.

Thermal Energy International Company Profile

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.