CHAR Technologies (CVE:YES) Hits New 52-Week Low – Should You Sell?

CHAR Technologies Ltd. (CVE:YESGet Free Report) reached a new 52-week low on Thursday . The company traded as low as C$0.19 and last traded at C$0.19, with a volume of 137000 shares traded. The stock had previously closed at C$0.22.

CHAR Technologies Price Performance

The company has a quick ratio of 0.60, a current ratio of 0.57 and a debt-to-equity ratio of 175.05. The firm has a market capitalization of C$19.26 million, a price-to-earnings ratio of -2.38 and a beta of 1.59. The stock’s 50 day moving average price is C$0.24 and its two-hundred day moving average price is C$0.31.

CHAR Technologies Company Profile

(Get Free Report)

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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