EQTEC (LON:EQT) Sets New 52-Week Low – What’s Next?

Shares of EQTEC plc (LON:EQTGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.50 ($0.01), with a volume of 963716 shares traded. The stock had previously closed at GBX 0.48 ($0.01).

EQTEC Trading Up 5.1 %

The business’s 50-day simple moving average is GBX 0.59 and its 200-day simple moving average is GBX 0.91. The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75. The company has a market capitalization of £1.29 million, a price-to-earnings ratio of -2.94 and a beta of 2.07.

About EQTEC

(Get Free Report)

EQTEC is a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production.

We provide solutions for two of the world’s greatest challenges: managing rising levels of waste and meeting the growing demand for clean energy.

EQTEC designs and supplies advanced gasification solutions and has a higher efficiency product offering that it is modular and scalable from 1MW to 30MW.

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