CHAR Technologies Ltd (CVE:YES) shares dropped 29.2% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, approximately 3,000 shares were traded during trading. A decline of 65% from the average daily volume of 8,539 shares. The stock had previously closed at C$0.12.
The company has a current ratio of 1.35, a quick ratio of 0.86 and a debt-to-equity ratio of 37.67. The stock has a market capitalization of $5.42 million and a PE ratio of -4.72. The stock’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.14.
About CHAR Technologies (CVE:YES)
CHAR Technologies Ltd., a technology company, commercializes and sells hydrogen sulfide recovery system to solve the problem caused by toxic and corrosive hydrogen sulfide in the biogas industry. It offers SulfaCHAR, a gas-cleaning solution that removes hydrogen sulfide from renewable natural gas; Cleanfyre, a carbon neutral coal replacement; and equipment for industrial air and water treatment.
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