Inactive Instrument

MagneGas Corporation Stock price Nasdaq

Equities

US55939L2025

End-of-day quote Nasdaq
- USD 0.00% Intraday chart for MagneGas Corporation
Sales 2017 3.72M Sales 2018 9.71M Capitalization 33.98M
Net income 2017 -11M Net income 2018 -15M EV / Sales 2017 2.11 x
Net Debt 2017 576K Net cash position 2018 610K EV / Sales 2018 3.44 x
P/E ratio 2017 *
-
P/E ratio 2018
-0.64 x
Employees -
Yield 2017 *
-
Yield 2018
-
Free-Float 0%
More Fundamentals * Assessed data
Taronis Technologies Inc., formerly MagneGas Applied Technology Solutions, Inc., is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company also markets, for sale or licensure, its plasma arc technology for the processing of liquid waste (the Plasma Arc Flow System). Its products include the fuel called MagneGas2 for the metal working industry, the equipment primarily known in the firefighting industry, known as MagneTote, and the machines that produce MagneGas2, known as Plasma Arc Flow refineries. In addition, the Company sells metal cutting fuels and ancillary products through its subsidiary, Equipment Sales and Service, Inc. a Florida corporation. It focuses on market segments, such as industrial gas sales, equipment sales for liquid waste processing and use of MagneGas2 for the co-combustion of hydro-carbon fuels to reduce emissions.
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