Eguana Technologies (CVE:EGT) Stock Price Down 25% – Should You Sell?

Eguana Technologies Inc. (CVE:EGTGet Free Report) dropped 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 456,388 shares were traded during mid-day trading, an increase of 361% from the average daily volume of 98,914 shares. The stock had previously closed at C$0.02.

Eguana Technologies Stock Performance

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

About Eguana Technologies

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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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