Sparta Capital (CVE:SAY) Trading Down 25% – What’s Next?

Sparta Capital Ltd. (CVE:SAY)’s share price was down 25% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 439,100 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 525,600 shares. The stock had previously closed at C$0.02.

Sparta Capital Price Performance

The company has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a market cap 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.