Sparta Capital (CVE:SAY) Shares Down 50% – What’s Next?

Sparta Capital Ltd. (CVE:SAY) traded down 50% during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01. 585,000 shares traded hands during mid-day trading, an increase of 307% from the average session volume of 143,666 shares. The stock had previously closed at C$0.02.

Sparta Capital Price Performance

The stock’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The stock has a market capitalization of C$3.74 million, a P/E ratio of -2.00 and a beta of 1.59.

Sparta Capital Company Profile

Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.