ReGen III (CVE:GIII) Trading 11.1% Higher – Here’s What Happened

ReGen III Corp. (CVE:GIIIGet Free Report)’s share price rose 11.1% during mid-day trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 57,332 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 50,279 shares. The stock had previously closed at C$0.18.

ReGen III Stock Performance

The company has a debt-to-equity ratio of 38.66, a quick ratio of 0.82 and a current ratio of 0.34. The business’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.25. The company has a market capitalization of C$27.22 million, a PE ratio of -4.60 and a beta of 1.52.

About ReGen III

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ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp.

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