Thermal Energy International Inc. (CVE:TMG – Get Free Report) dropped 1.4% during mid-day trading on Thursday . The stock traded as low as C$0.33 and last traded at C$0.34. Approximately 664,847 shares changed hands during trading, an increase of 113% from the average daily volume of 312,788 shares. The stock had previously closed at C$0.35.
Thermal Energy International Price Performance
The company’s 50 day moving average price is C$0.28 and its 200-day moving average price is C$0.25. The company has a market capitalization of C$49.03 million, a PE ratio of 29.00 and a beta of 0.40. The company has a current ratio of 1.44, a quick ratio of 1.19 and a debt-to-equity ratio of 150.67.
About Thermal Energy International
Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.
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