Thermal Energy International Inc. (CVE:TMG – Get Free Report) shares were down 31.9% during trading on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 3,499,896 shares were traded during mid-day trading, an increase of 1,221% from the average daily volume of 264,904 shares. The stock had previously closed at C$0.24.
Thermal Energy International Price Performance
The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 113.80. The firm has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.21. The company has a market capitalization of C$27.64 million, a PE ratio of 22.00 and a beta of 0.38.
About Thermal Energy International
Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.
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