EQTEC (LON:EQT) Sets New 12-Month Low – Should You Sell?

Shares of EQTEC plc (LON:EQT) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.44 ($0.01) and last traded at GBX 0.47 ($0.01), with a volume of 4581525 shares. The stock had previously closed at GBX 0.47 ($0.01).

EQTEC Trading Up 0.6 %

The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75. The company’s 50 day moving average is GBX 0.55 and its 200 day moving average is GBX 0.85. The stock has a market capitalization of £1.21 million, a price-to-earnings ratio of -2.75 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.