Eguana Technologies (CVE:EGT) Trading Up 50% – Here’s Why

Eguana Technologies Inc. (CVE:EGT)’s stock price shot up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 236,000 shares were traded during mid-day trading, an increase of 93% from the average session volume of 122,139 shares. The stock had previously closed at C$0.01.

Eguana Technologies Trading Up 50.0 %

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

About Eguana Technologies

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.