CHAR Technologies (CVE:YES) Hits New 12-Month Low – What’s Next?

Posted by Amy Steele on Jan 23rd, 2025

Shares of CHAR Technologies Ltd. (CVE:YES – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 86060 shares changing hands. The stock had previously closed at C$0.16.

CHAR Technologies Stock Down 3.1 %

The company has a market capitalization of C$15.71 million, a P/E ratio of -1.94 and a beta of 1.59. The business’s fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.24. The company has a current ratio of 0.57, a quick ratio of 0.60 and a debt-to-equity ratio of 175.05.

Insider Transactions at CHAR Technologies

In other CHAR Technologies news, Director James Sbrolla purchased 801,139 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of C$0.20 per share, with a total value of C$156,222.11. Company insiders own 18.80% of the company’s stock.

About CHAR Technologies

(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.