EQTEC (LON:EQT) Trading Down 10.3% – Should You Sell?

EQTEC plc (LON:EQT)’s share price dropped 10.3% during trading on Tuesday . The company traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.65 ($0.01). Approximately 1,282,123 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 2,086,748 shares. The stock had previously closed at GBX 0.73 ($0.01).

EQTEC Stock Performance

The firm’s 50-day simple moving average is GBX 0.59 and its two-hundred day simple moving average is GBX 0.59. The company has a current ratio of 2.75, a quick ratio of 0.84 and a debt-to-equity ratio of 37.66. The stock has a market capitalization of £1.67 million, a PE ratio of -3.82 and a beta of 2.07.

About EQTEC

EQTEC is a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production.

We provide solutions for two of the world’s greatest challenges: managing rising levels of waste and meeting the growing demand for clean energy.

EQTEC designs and supplies advanced gasification solutions and has a higher efficiency product offering that it is modular and scalable from 1MW to 30MW.