CHAR Technologies (CVE:YES) Hits New 52-Week Low – Here’s Why

CHAR Technologies Ltd. (CVE:YESGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 148010 shares trading hands. The stock had previously closed at C$0.17.

CHAR Technologies Trading Up 8.8 %

The stock has a market capitalization of C$18.75 million, a P/E ratio of -2.31 and a beta of 1.59. The stock’s fifty day moving average price is C$0.19 and its 200 day moving average price is C$0.26. The company has a debt-to-equity ratio of 175.05, a current ratio of 0.57 and a quick ratio of 0.60.

Insider Buying and Selling at CHAR Technologies

In other news, Director James Sbrolla acquired 801,139 shares of CHAR Technologies stock in a transaction on Thursday, November 14th. The shares were 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 corporate insiders.

CHAR Technologies Company Profile

(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.

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