CHAR Technologies (CVE:YES) Hits New 1-Year Low – Should You Sell?

CHAR Technologies Ltd. (CVE:YES) shares reached a new 52-week low on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 86060 shares traded. The stock had previously closed at C$0.16.

CHAR Technologies Stock Performance

The company has a fifty day moving average of C$0.18 and a two-hundred day moving average of C$0.24. 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 capitalization of C$15.71 million, a price-to-earnings ratio of -1.94 and a beta of 1.59.

Insider Buying and Selling

In other CHAR Technologies news, Director James Sbrolla purchased 801,139 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost 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.