Shares of Thermal Energy International Inc. (CVE:TMG – Get Free Report) traded down 3.3% on Monday . The company traded as low as C$0.15 and last traded at C$0.15. 94,800 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 284,810 shares. The stock had previously closed at C$0.15.
Thermal Energy International Price Performance
The firm has a 50-day simple moving average of C$0.18 and a 200-day simple moving average of C$0.20. The firm has a market capitalization of C$25.10 million, a PE ratio of 41.92 and a beta of 0.38. The company has a debt-to-equity ratio of 85.01, a current ratio of 1.48 and a quick ratio of 1.19.
About Thermal Energy International
Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.
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