Eguana Technologies (CVE:EGT) Stock Price Down 50% – What’s Next?

Shares of Eguana Technologies Inc. (CVE:EGT) were down 50% on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 391,900 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 325,494 shares. The stock had previously closed at C$0.01.

Eguana Technologies Stock Performance

The company has a debt-to-equity ratio of 1,246.85, a quick ratio of 3.66 and a current ratio of 0.66. The stock’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company has a market capitalization of C$2.24 million, a P/E ratio of -0.25 and a beta of 1.78.

Eguana Technologies (CVE:EGT) last issued its earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.66 million during the quarter.

Eguana Technologies Company Profile

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.