Sky Quarry (NASDAQ:SKYQ) Shares Down 3.5% – Here’s Why

Sky Quarry Inc. (NASDAQ:SKYQGet Free Report) shares dropped 3.5% during trading on Thursday . The company traded as low as $1.10 and last traded at $1.10. Approximately 150,010 shares changed hands during trading, a decline of 54% from the average daily volume of 326,200 shares. The stock had previously closed at $1.14.

Sky Quarry Price Performance

The business’s 50 day moving average price is $1.12.

About Sky Quarry

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We are an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. The recycling of asphalt shingles is expected to reduce the dependence on landfills for the removal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses.

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