CHAR Technologies (CVE:YES) Hits New 1-Year Low – Time to Sell?

Shares of CHAR Technologies Ltd. (CVE:YESGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 115857 shares trading hands. The stock had previously closed at C$0.18.

CHAR Technologies Price Performance

The firm has a 50 day moving average price of C$0.18 and a 200 day moving average price of C$0.24. The stock has a market capitalization of C$17.23 million, a PE ratio of -2.13 and a beta of 1.59. 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 Activity at CHAR Technologies

In other news, Director James Sbrolla acquired 801,139 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of C$0.20 per share, for a total transaction of C$156,222.11. 18.80% of the stock is currently owned by corporate insiders.

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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