EQTEC (LON:EQT) Shares Down 13.4% – Here’s Why

EQTEC plc (LON:EQTGet Free Report) shares fell 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). 5,097,138 shares were traded during mid-day trading, an increase of 109% from the average session volume of 2,434,231 shares. The stock had previously closed at GBX 0.58 ($0.01).

EQTEC Price Performance

The firm has a market cap of £1.28 million, a P/E ratio of -2.93 and a beta of 2.07. The business’s fifty day simple moving average is GBX 0.67 and its 200-day simple moving average is GBX 1. The company has a current ratio of 2.75, a quick ratio of 0.84 and a debt-to-equity ratio of 37.66.

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

Receive News & Ratings for EQTEC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EQTEC and related companies with MarketBeat.com's FREE daily email newsletter.