ReGen III Corp. (CVE:GIII – Get Free Report) dropped 18.2% during trading on Thursday . The company traded as low as C$0.24 and last traded at C$0.27. Approximately 251,500 shares changed hands during mid-day trading, an increase of 379% from the average daily volume of 52,515 shares. The stock had previously closed at C$0.33.
ReGen III Stock Down 18.2 %
The business has a 50 day simple moving average of C$0.35 and a 200 day simple moving average of C$0.28. The company has a debt-to-equity ratio of -70.59, a current ratio of 0.16 and a quick ratio of 0.82. The stock has a market cap of C$35.74 million, a PE ratio of -6.62 and a beta of 1.52.
About ReGen III
ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp.
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