ReGen III (CVE:GIII) Stock Price Down 1.4% – Here’s Why

ReGen III Corp. (CVE:GIII) fell 1.4% on Wednesday . The company traded as low as C$0.31 and last traded at C$0.35. 44,500 shares changed hands during trading, a decline of 18% from the average session volume of 54,320 shares. The stock had previously closed at C$0.35.

ReGen III Trading Down 1.4 %

The company has a debt-to-equity ratio of 38.66, a quick ratio of 0.82 and a current ratio of 0.34. The stock has a market capitalization of C$40.83 million, a price-to-earnings ratio of -6.90 and a beta of 1.52. The business has a fifty day simple moving average of C$0.23 and a 200 day simple moving average of C$0.24.

ReGen III Company Profile

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.