Sparta Capital (CVE:SAY) Stock Price Down 25% – Here’s What Happened

Sparta Capital Ltd. (CVE:SAY)’s stock price dropped 25% during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02. Approximately 1,180,200 shares changed hands during mid-day trading, an increase of 704% from the average daily volume of 146,832 shares. The stock had previously closed at C$0.02.

Sparta Capital Stock Performance

The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The firm has a market capitalization of C$3.74 million, a P/E ratio of -2.00 and a beta of 1.59.

Sparta Capital Company Profile

Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.