EQTEC (LON:EQT) Stock Price Down 13.4% – Time to Sell?

EQTEC plc (LON:EQTGet Free Report) shares were down 13.4% during trading on Thursday . The stock traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 5,097,138 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 2,434,231 shares. The stock had previously closed at GBX 0.58 ($0.01).

EQTEC Price Performance

The company has a quick ratio of 0.84, a current ratio of 2.75 and a debt-to-equity ratio of 37.66. The business’s 50 day simple moving average is GBX 0.67 and its two-hundred day simple moving average is GBX 1. The stock has a market capitalization of £1.28 million, a P/E ratio of -2.93 and a beta of 2.07.

About EQTEC

(Get Free Report)

EQTEC plc licenses and sells its proprietary advanced gasification technology that generates green energy from municipal, agricultural and industrial waste, biomass, and plastics in the Republic of Ireland, the United Kingdom, European Union, and the United States. The company operates in two segments, Technology Sales and Power Generation.

Further Reading

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