Charah Solutions (CHRA) said Friday it was notified by the New York Stock Exchange that the company's average closing price was below the minimum $1 per share required for continued listing over a consecutive 30-day period.
The company, which has six months to cure the deficiency, said it aims to respond to the stock market within 10 business days after receiving the notice. Charah said is studying all available options to regain compliance, including a 1-for-10 reverse stock split it effected after the close on Thursday.