Eguana Technologies (CVE:EGT) Shares Down 17.6% – Should You Sell?

Eguana Technologies Inc. (CVE:EGT) shares fell 17.6% during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.07. 36,692 shares were traded during mid-day trading, an increase of 173% from the average session volume of 13,462 shares. The stock had previously closed at C$0.09.

Eguana Technologies Trading Down 17.6 %

The company has a quick ratio of 3.66, a current ratio of 0.66 and a debt-to-equity ratio of 1,246.85. The stock has a market capitalization of C$31.43 million, a price-to-earnings ratio of -1.75 and a beta of 1.78. The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.02.

About Eguana Technologies

Eguana Technologies Inc designs and manufactures residential and commercial energy storage systems for fuel cell, photovoltaic, and battery applications in Canada, Asia, Australia, Europe, and the United States. The company provides its products under the Enduro, Evolve, and Elevate brand names. The company was formerly known as Sustainable Energy Technologies Ltd.