ReGen III (CVE:GIII) Shares Down 12.3% – Here’s Why

ReGen III Corp. (CVE:GIIIGet Free Report)’s stock price was down 12.3% on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 122,000 shares were traded during trading, an increase of 122% from the average daily volume of 55,078 shares. The stock had previously closed at C$0.29.

ReGen III Trading Down 10.6 %

The company has a debt-to-equity ratio of -70.59, a quick ratio of 0.82 and a current ratio of 0.16. The stock has a market capitalization of C$27.80 million, a price-to-earnings ratio of -5.15 and a beta of 1.52. The business has a fifty day simple moving average of C$0.32 and a 200 day simple moving average of C$0.28.

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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