Thermal Energy International (CVE:TMG) Shares Up 4.5%

Thermal Energy International Inc. (CVE:TMGGet Rating) shot up 4.5% during trading on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. 5,500 shares traded hands during trading, a decline of 91% from the average session volume of 64,259 shares. The stock had previously closed at C$0.11.

Thermal Energy International Stock Up 4.5 %

The stock has a market cap of C$18.88 million and a PE ratio of -10.45. The company has a debt-to-equity ratio of 1,332.57, a quick ratio of 1.19 and a current ratio of 1.49. The company’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.10.

Thermal Energy International Company Profile

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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; FLU-ACE, 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; indirect contact heat recovery equipment; boiler economizers under the HeatSponge brand; wet and dry steam accumulators; electricity co-generation solutions; turn-key thermal energy solutions; and water treatment products and services.

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