Sparta Capital (CVE:SAY) Stock Price Down 25% – Here’s What Happened

Sparta Capital Ltd. (CVE:SAY)’s stock price fell 25% on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. 1,180,200 shares changed hands during trading, an increase of 704% from the average session volume of 146,832 shares. The stock had previously closed at C$0.02.

Sparta Capital Stock Down 25.0 %

The stock has a market cap of C$3.74 million, a price-to-earnings ratio of -2.00 and a beta of 1.59. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

About Sparta Capital

Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.