Thermal Energy International (CVE:TMG) Stock Breaks Above Fifty Day Moving Average – What’s Next?

Shares of Thermal Energy International Inc. (CVE:TMG – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of C$0.15 and traded as high as C$0.15. Thermal Energy International shares last traded at C$0.15, with a volume of 165,744 shares trading hands.

Thermal Energy International Stock Performance

The stock has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.16. The company has a debt-to-equity ratio of 35.14, a current ratio of 1.54 and a quick ratio of 1.19. The company has a market capitalization of C$26.50 million, a price-to-earnings ratio of 22.14 and a beta of 0.23.

Thermal Energy International Company Profile

(Get Free Report)

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; FLUACE, 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; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products.

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