CHAR Technologies Ltd. (CVE:YES – Get Free Report) shot up 16.7% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. 254,500 shares changed hands during trading, an increase of 273% from the average session volume of 68,221 shares. The stock had previously closed at C$0.18.
CHAR Technologies Price Performance
The business’s 50-day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.21. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 1,068.91. The stock has a market cap of C$23.07 million, a P/E ratio of -2.36 and a beta of 1.59.
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.
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