Enteq Technologies (LON:NTQ) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Enteq Technologies Plc (LON:NTQ)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 6.80 ($0.09) and traded as low as GBX 1.92 ($0.02). Enteq Technologies shares last traded at GBX 1.92 ($0.02), with a volume of 51,061 shares changing hands.

Enteq Technologies Stock Performance

The firm’s fifty day simple moving average is GBX 1.87 and its 200 day simple moving average is GBX 6.76. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.49 and a quick ratio of 4.36. The company has a market capitalization of £2.48 million, a PE ratio of -1.19, a price-to-earnings-growth ratio of -0.28 and a beta of 0.68.

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.