Enteq Technologies (LON:NTQ) Stock Price Down 18.3% – Here’s What Happened

Enteq Technologies Plc (LON:NTQ)’s stock price dropped 18.3% during trading on Tuesday . The company traded as low as GBX 1.33 ($0.02) and last traded at GBX 1.33 ($0.02). Approximately 5,020,291 shares traded hands during trading, a decline of 37% from the average daily volume of 8,002,611 shares. The stock had previously closed at GBX 1.63 ($0.02).

Enteq Technologies Stock Up 3.5 %

The firm has a market capitalization of £852,873.00, a P/E ratio of -39.67, a PEG ratio of -0.28 and a beta of 0.68. The company has a debt-to-equity ratio of 2.65, a quick ratio of 4.36 and a current ratio of 2.49. The firm’s 50-day moving average is GBX 3.17 and its 200 day moving average is GBX 8.17.

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.