Thermal Energy International Inc. (CVE:TMG – Get Free Report)’s share price dropped 4.3% on Monday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 423,914 shares changed hands during trading, an increase of 23% from the average daily volume of 343,486 shares. The stock had previously closed at C$0.23.
Thermal Energy International Stock Performance
The company has a market capitalization of C$39.69 million, a P/E ratio of 23.00 and a beta of 0.42. The company has a debt-to-equity ratio of 138.90, a current ratio of 1.31 and a quick ratio of 1.19. The stock’s 50 day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.26.
Thermal Energy International Company Profile
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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