CHAR Technologies (CVE:YES) Reaches New 52-Week Low – What’s Next?

Shares of CHAR Technologies Ltd. (CVE:YES) hit a new 52-week low on Monday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 95584 shares trading hands. The stock had previously closed at C$0.18.

CHAR Technologies Stock Performance

The company has a debt-to-equity ratio of 175.05, a current ratio of 0.57 and a quick ratio of 0.60. The business has a fifty day moving average of C$0.20 and a 200-day moving average of C$0.27. The stock has a market capitalization of C$17.74 million, a price-to-earnings ratio of -2.19 and a beta of 1.59.

Insider Transactions at CHAR Technologies

In related news, Director James Sbrolla purchased 801,139 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired 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.

CHAR Technologies Company Profile

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.