CHAR Technologies (CVE:YES) Reaches New 1-Year Low – Time to Sell?

Shares of CHAR Technologies Ltd. (CVE:YES) reached a new 52-week low during trading on Friday . The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 243946 shares. The stock had previously closed at C$0.19.

CHAR Technologies Stock Down 5.3 %

The stock’s fifty day moving average price is C$0.22 and its 200 day moving average price is C$0.29. The company has a current ratio of 0.57, a quick ratio of 0.60 and a debt-to-equity ratio of 175.05. The stock has a market cap of C$18.25 million, a P/E ratio of -2.38 and a beta of 1.59.

Insider Activity at CHAR Technologies

In other CHAR Technologies news, Director James Sbrolla bought 801,139 shares of CHAR Technologies stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average price of C$0.20 per share, with a total value of C$156,222.11. 18.80% of the stock is owned by insiders.

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.