Sparta Capital (CVE:SAY) Shares Down 25% – Here’s Why

Sparta Capital Ltd. (CVE:SAY)’s stock price traded down 25% on Thursday . The stock traded as low as C$0.01 and last traded at C$0.02. 1,180,200 shares traded hands during trading, an increase of 704% from the average session volume of 146,832 shares. The stock had previously closed at C$0.02.

Sparta Capital Stock Performance

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market cap of C$3.74 million, a price-to-earnings 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.