Eguana Technologies (CVE:EGT) Trading 50% Higher – Should You Buy?

Eguana Technologies Inc. (CVE:EGTGet Free Report) rose 50% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 198,000 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 112,810 shares. The stock had previously closed at C$0.01.

Eguana Technologies Trading Up 50.0 %

The company has a current ratio of 0.66, a quick ratio of 3.66 and a debt-to-equity ratio of 1,246.85. The firm’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. The firm has a market capitalization of C$6.73 million, a price-to-earnings ratio of -0.38 and a beta of 1.78.

About Eguana Technologies

(Get Free Report)

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.

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