CHAR Technologies Ltd. (CVE:YES – Get Free Report) shares shot up 5.3% on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 56,000 shares traded hands during trading, a decline of 15% from the average session volume of 65,977 shares. The stock had previously closed at C$0.19.
CHAR Technologies Price Performance
The company has a debt-to-equity ratio of 1,068.91, a quick ratio of 0.60 and a current ratio of 0.62. The company has a 50-day moving average of C$0.19 and a 200-day moving average of C$0.19. The stock has a market capitalization of C$23.66 million, a price-to-earnings ratio of -2.43 and a beta of 1.59.
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.
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