Enteq Technologies (LON:NTQ) Stock Passes Below 200 Day Moving Average – Time to Sell?

Enteq Technologies Plc (LON:NTQ) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 8 ($0.10) and traded as low as GBX 1.26 ($0.02). Enteq Technologies shares last traded at GBX 1.26 ($0.02), with a volume of 64,271 shares trading hands.

Enteq Technologies Stock Performance

The company has a quick ratio of 4.36, a current ratio of 2.49 and a debt-to-equity ratio of 2.65. The firm has a market cap of £904,475.40, a P/E ratio of -42.07, a P/E/G ratio of -0.28 and a beta of 0.68. The business has a fifty day simple moving average of GBX 2.96 and a 200-day simple moving average of GBX 8.

Enteq Technologies Company Profile

Enteq Technologies Plc, together with its subsidiaries, provides reach and recovery products and technologies to the technologies oil and gas services market in the United States, China, Europe, Central Asia, Australasia, and internationally. The company designs, manufactures, and sells specialized parts and products for directional drilling and measurement while drilling operations for use in the energy exploration and services sector of the oil and gas industry.