CHAR Technologies (CVE:YES) Stock Price Up 1.9% – Here’s What Happened

CHAR Technologies Ltd. (CVE:YES)’s stock price shot up 1.9% during trading on Thursday . The company traded as high as C$0.27 and last traded at C$0.27. 102,525 shares were traded during mid-day trading, a decline of 21% from the average session volume of 130,363 shares. The stock had previously closed at C$0.26.

CHAR Technologies Stock Performance

The business has a 50 day moving average of C$0.26 and a 200 day moving average of C$0.27. The company has a market capitalization of C$40.06 million, a P/E ratio of 24.54 and a beta of -0.13. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 51.09.

About CHAR Technologies

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.