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

CHAR Technologies Ltd. (CVE:YESGet Free Report) reached a new 52-week low on Friday . The stock traded as low as C$0.22 and last traded at C$0.22, with a volume of 2000 shares traded. The stock had previously closed at C$0.23.

CHAR Technologies Stock Performance

The stock’s 50 day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.32. 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 company has a market cap of C$21.79 million, a PE ratio of -2.81 and a beta of 1.59.

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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