Thermal Energy International Inc. (CVE:TMG – Get Free Report)’s share price traded down 31.9% on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.16. 3,138,354 shares changed hands during trading, an increase of 1,173% from the average session volume of 246,546 shares. The stock had previously closed at C$0.24.
Thermal Energy International Stock Up 6.9 %
The company has a 50-day moving average of C$0.20 and a two-hundred day moving average of C$0.21. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 113.80. The company has a market capitalization of C$26.77 million, a P/E ratio of 22.00 and a beta of 0.38.
Thermal Energy International Company Profile
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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