Charge Enterprises (NASDAQ:CRGE) Trading Up 39.2% – Still a Buy?

Charge Enterprises, Inc. (NASDAQ:CRGEGet Free Report) shot up 39.2% on Wednesday . The company traded as high as $0.3544 and last traded at $0.3480. 41,405 shares traded hands during trading, a decline of 100% from the average session volume of 32,318,555 shares. The stock had previously closed at $0.25.

Charge Enterprises Stock Performance

The stock has a market capitalization of $74.83 million, a price-to-earnings ratio of -1.74 and a beta of 2.49. The firm has a fifty day moving average of $0.35 and a 200 day moving average of $0.41. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.94 and a quick ratio of 0.93.

About Charge Enterprises

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Charge Enterprises Inc operates as an electrical, broadband, and electric vehicle (EV) charging infrastructure company. The company provides clients with end-to-end project management services, including advising, designing, engineering, acquiring and installing equipment, monitoring, servicing, and maintenance. It operates in two segments, Infrastructure and Telecommunications. The Infrastructure segment offers broadband and wireless, electrical contracting, electric vehicle charging, and fleet services.

Further Reading

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