Charge Enterprises (NASDAQ:CRGE) Shares Down 17.7% – Here’s Why

Charge Enterprises, Inc. (NASDAQ:CRGEGet Free Report)’s share price was down 17.7% on Tuesday . The company traded as low as $1.07 and last traded at $1.07. Approximately 14,995 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 32,318,555 shares. The stock had previously closed at $1.30.

Charge Enterprises Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.94 and a quick ratio of 0.93. The company has a 50-day simple moving average of $1.24 and a 200-day simple moving average of $0.83. The stock has a market cap of $230.09 million, a PE ratio of -5.35 and a beta of 2.49.

Charge Enterprises Company Profile

(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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