ReGen III (CVE:GIII) Stock Price Down 4.5% – Here’s What Happened

ReGen III Corp. (CVE:GIIIGet Free Report)’s share price fell 4.5% on Friday . The company traded as low as C$0.32 and last traded at C$0.32. 6,100 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 52,672 shares. The stock had previously closed at C$0.33.

ReGen III Price Performance

The stock’s 50 day moving average price is C$0.37 and its two-hundred day moving average price is C$0.27. The company has a debt-to-equity ratio of -70.59, a current ratio of 0.16 and a quick ratio of 0.82. The firm has a market capitalization of C$41.69 million, a price-to-earnings ratio of -7.72 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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