EQTEC (LON:EQT) Shares Down 13.4% – Should You Sell?

Shares of EQTEC plc (LON:EQTGet Free Report) were down 13.4% during mid-day trading on Thursday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 5,097,138 shares were traded during trading, an increase of 109% from the average daily volume of 2,434,231 shares. The stock had previously closed at GBX 0.58 ($0.01).

EQTEC Stock Performance

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84. The company has a market capitalization of £1.25 million, a price-to-earnings ratio of -2.86 and a beta of 2.07. The firm has a fifty day simple moving average of GBX 0.66 and a 200 day simple moving average of GBX 0.99.

About EQTEC

(Get Free Report)

EQTEC plc licenses and sells its proprietary advanced gasification technology that generates green energy from municipal, agricultural and industrial waste, biomass, and plastics in the Republic of Ireland, the United Kingdom, European Union, and the United States. The company operates in two segments, Technology Sales and Power Generation.

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