CHAR Technologies (CVE:YES) Stock Price Down 8% – What’s Next?

Shares of CHAR Technologies Ltd. (CVE:YES – Get Free Report) fell 8% during trading on Thursday. The stock traded as low as C$0.21 and last traded at C$0.23. 122,142 shares traded hands during trading, a decline of 2% from the average session volume of 124,590 shares. The stock had previously closed at C$0.25.

CHAR Technologies Stock Performance

The firm has a market capitalization of C$34.77 million, a PE ratio of 21.30 and a beta of -0.27. The business has a 50-day simple moving average of C$0.26 and a 200-day simple moving average of C$0.27. The company has a debt-to-equity ratio of 51.09, a current ratio of 0.65 and a quick ratio of 0.60.

About CHAR Technologies

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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. The company also provides custom equipment for industrial water treatment; and services in environmental compliance, environmental management, site investigation and remediation; and engineering and resource efficiency services.

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