ReGen III (CVE:GIII) Stock Price Up 1.2% – Still a Buy?

ReGen III Corp. (CVE:GIIIGet Free Report)’s share price shot up 1.2% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.43. 56,510 shares traded hands during trading, an increase of 3% from the average session volume of 54,622 shares. The stock had previously closed at C$0.42.

ReGen III Trading Up 1.2 %

The stock has a market cap of C$50.30 million, a PE ratio of -8.50 and a beta of 1.52. The business has a 50 day moving average of C$0.30 and a 200-day moving average of C$0.25. The company has a current ratio of 0.34, a quick ratio of 0.82 and a debt-to-equity ratio of 38.66.

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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