Taronis Technologies, Inc. (TRNX)
Taronis Technologies, Inc. operates in the Oil & Gas Integrated industry of the Energy sector, headquartered in Peoria, AZ, US. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $188,575. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -154.8%. Its beta of 0.00 implies it has historically moved less than the broad market.
Taronis Technologies, Inc. is a technology firm dedicated to tackling natural resource limitations, primarily within the United States. Its flagship product is MagneGas, a synthetic, hydrogen-derived fuel serving as a substitute for acetylene and other natural gas-based fuels in metal cutting and various commercial applications. The company also supplies the Plasma Arc Flow System, which facilitates MagneGas creation, as well as water purification and disinfection. Furthermore, Taronis markets and licenses its exclusive plasma arc technology for purposes such as gasification and treating liquid waste. Through its retail outlets, it distributes and offers for sale MagneGas fuel alongside other industrial gases and welding equipment. Previously known as MagneGas Applied Technology Solutions, Inc., the company adopted its current name, Taronis Technologies, Inc., in January 2019. Established in 2005, it maintains its headquarters in Peoria, Arizona.
Taronis Technologies, Inc. is most often compared with the following Energy names: