Neutral Press Coverage Extremely Likely to Impact Thermal Energy International (TMG) Stock Price
News headlines about Thermal Energy International (CVE:TMG) have been trending neutral recently, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Thermal Energy International earned a coverage optimism score of 0.38 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
CVE:TMG remained flat at $C$0.07 during mid-day trading on Monday. 13,000 shares of the company traded hands, compared to its average volume of 113,862. The firm has a market capitalization of $11.33 million and a PE ratio of -70.00. Thermal Energy International has a 52-week low of C$0.07 and a 52-week high of C$0.07. The company has a current ratio of 0.83, a quick ratio of 0.72 and a debt-to-equity ratio of 88.97.
Thermal Energy International (CVE:TMG) last issued its earnings results on Monday, April 29th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$3.12 million for the quarter.
Thermal Energy International Company Profile
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, China, 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; and DRY-REX, a low temperature biomass drying system.
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