BQE Water (CVE:BQE) Stock Price Down 4.5% - Time to Sell?

Key Points

• BQE Water Inc. (CVE:BQE) experienced a 4.5% drop in stock price, closing at C$52.52 on Friday, with a decline in trading volume by 19% from its average.
• The company has a solid financial position, indicated by a quick ratio of 3.70, current ratio of 5.62, and a low debt-to-equity ratio of 12.98.
• BQE Water specializes in providing wastewater management and treatment solutions to the mining and metallurgical industries, serving clients in multiple regions including Canada and Latin America.

BQE Water Inc. (CVE:BQE - )'s stock price was down 4.5% on Friday . The stock traded as low as C$52.52 and last traded at C$52.52. Approximately 715 shares changed hands during trading, a decline of 19% from the average daily volume of 883 shares. The stock had previously closed at C$54.99.

BQE Water Price Performance

The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98. The firm has a market cap of C$68.07 million, a PE ratio of 8.12 and a beta of 0.19. The firm's fifty day simple moving average is C$54.10 and its two-hundred day simple moving average is C$53.07.

About BQE Water

BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.

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