CHAR Technologies (CVE:YES) Reaches New 12-Month Low – What’s Next?

Shares of CHAR Technologies Ltd. (CVE:YESGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.17 and last traded at C$0.18, with a volume of 221700 shares. The stock had previously closed at C$0.18.

CHAR Technologies Stock Down 2.8 %

The company has a debt-to-equity ratio of 175.05, a quick ratio of 0.60 and a current ratio of 0.57. The company has a market cap of C$17.74 million, a price-to-earnings ratio of -2.25 and a beta of 1.59. The business’s 50 day simple moving average is C$0.20 and its 200-day simple moving average is C$0.27.

Insider Buying and Selling at CHAR Technologies

In related news, Director James Sbrolla purchased 801,139 shares of the stock in a transaction on Thursday, November 14th. The shares were bought at an average price of C$0.20 per share, for a total transaction of C$156,222.11. Corporate insiders own 18.80% of the company’s stock.

About CHAR Technologies

(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.

Featured Stories

Receive News & Ratings for CHAR Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHAR Technologies and related companies with MarketBeat.com's FREE daily email newsletter.