CHAR Technologies (CVE:YES) Shares Down 5.9% – Time to Sell?

CHAR Technologies Ltd. (CVE:YES) was down 5.9% on Monday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 167,468 shares traded hands during trading, an increase of 2% from the average daily volume of 164,586 shares. The stock had previously closed at C$0.26.

CHAR Technologies Stock Performance

The firm has a market capitalization of C$32.75 million, a PE ratio of 84.48 and a beta of 0.07. The business has a 50-day simple moving average of C$0.27 and a 200-day simple moving average of C$0.25. The company has a debt-to-equity ratio of 16.13, a current ratio of 0.76 and a quick ratio of 0.60.

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. The company also provides custom equipment for industrial water treatment; and services in environmental compliance, environmental management, site investigation and remediation; and engineering and resource efficiency services.