Charge Enterprises (NASDAQ:CRGE) Shares Up 7.5% - Here's What Happened

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.

Charge Enterprises, Inc. (NASDAQ:CRGE - )'s stock price shot up 7.5% during mid-day trading on Tuesday . The company traded as high as $0.43 and last traded at $0.43. 116 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 32,318,555 shares. The stock had previously closed at $0.40.

Charge Enterprises Price Performance

The stock has a fifty day moving average price of $0.47 and a 200-day moving average price of $0.62. The firm has a market capitalization of $92.47 million, a PE ratio of -2.15 and a beta of 2.49. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.93 and a current ratio of 0.94.

Charge Enterprises Company Profile

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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