ReGen III Corp. (CVE:GIII – Get Rating)’s stock price shot up 21.3% on Friday . The stock traded as high as C$0.97 and last traded at C$0.97. 37,500 shares changed hands during trading, a decline of 18% from the average session volume of 45,729 shares. The stock had previously closed at C$0.80.
ReGen III Price Performance
The stock has a market capitalization of C$111.03 million and a P/E ratio of -12.28. The company has a current ratio of 0.88, a quick ratio of 0.82 and a debt-to-equity ratio of 67.67. The company has a fifty day simple moving average of C$0.80 and a two-hundred day simple moving average of C$0.94.
About ReGen III
ReGen III Corp., a cleantech recycling 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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