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

Shares of CHAR Technologies Ltd. (CVE:YESGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 86060 shares. The stock had previously closed at C$0.16.

CHAR Technologies Price Performance

The firm has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.24. 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$15.71 million, a P/E ratio of -1.94 and a beta of 1.59.

Insider Transactions at CHAR Technologies

In other news, Director James Sbrolla purchased 801,139 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were acquired at an average price 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

(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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