CHAR Technologies (CVE:YES) Reaches New 1-Year Low – What’s Next?

Shares of CHAR Technologies Ltd. (CVE:YES) hit a new 52-week low on Monday . The stock traded as low as C$0.16 and last traded at C$0.17, with a volume of 148010 shares changing hands. The stock had previously closed at C$0.17.

CHAR Technologies Trading Up 3.0 %

The company has a debt-to-equity ratio of 175.05, a quick ratio of 0.60 and a current ratio of 0.57. The firm has a 50-day moving average of C$0.19 and a 200-day moving average of C$0.26. The firm has a market capitalization of C$17.23 million, a P/E ratio of -2.13 and a beta of 1.59.

Insider Transactions at CHAR Technologies

In other CHAR Technologies news, Director James Sbrolla bought 801,139 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were bought 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.

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.