CHAR Technologies (CVE:YES) Shares Down 7.9% – Here’s What Happened

CHAR Technologies Ltd. (CVE:YESGet Free Report) traded down 7.9% during mid-day trading on Thursday . The company traded as low as C$0.18 and last traded at C$0.18. 15,010 shares were traded during mid-day trading, a decline of 74% from the average session volume of 58,412 shares. The stock had previously closed at C$0.19.

CHAR Technologies Stock Performance

The firm’s 50 day simple moving average is C$0.18 and its 200 day simple moving average is C$0.20. The firm has a market cap of C$20.70 million, a PE ratio of -2.12 and a beta of 1.59. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 1,068.91.

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.

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