Eguana Technologies (CVE:EGT) Shares Down 17.6% – Here’s What Happened

Eguana Technologies Inc. (CVE:EGTGet Free Report)’s share price dropped 17.6% during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 36,692 shares traded hands during mid-day trading, an increase of 173% from the average daily volume of 13,462 shares. The stock had previously closed at C$0.09.

Eguana Technologies Stock Down 17.6 %

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 stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.02. The stock has a market cap of C$31.43 million, a price-to-earnings ratio of -1.75 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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