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Charge Enterprises (NASDAQ:CRGE) Trading 7.5% Higher - Should You Buy?

Charge Enterprises logo with Communication Services background

Key Points

  • Charge Enterprises' stock (NASDAQ:CRGE) increased by 7.5% during mid-day trading, reaching a price of $0.43.
  • The trading volume was significantly low, with only 116 shares changing hands compared to an average of over 32 million shares.
  • Charge Enterprises operates in electrical, broadband, and electric vehicle charging infrastructure, offering comprehensive project management services.
  • MarketBeat previews the top five stocks to own by November 1st.

Charge Enterprises, Inc. (NASDAQ:CRGE - Get Free Report)'s share price rose 7.5% on Tuesday . The stock traded as high as $0.43 and last traded at $0.43. Approximately 116 shares changed hands during trading, a decline of 100% from the average daily volume of 32,318,555 shares. The stock had previously closed at $0.40.

Charge Enterprises Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.93 and a current ratio of 0.94. The firm's 50-day moving average price is $0.47 and its two-hundred day moving average price is $0.61. The firm has a market capitalization of $86.02 million, a price-to-earnings ratio of -2.00 and a beta of 2.49.

About Charge Enterprises

(Get Free Report)

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.

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