EQTEC plc (LON:EQT – Get Free Report)’s share price dropped 3.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.48 ($0.01) and last traded at GBX 0.51 ($0.01). Approximately 4,505,793 shares changed hands during trading, an increase of 84% from the average daily volume of 2,442,568 shares. The stock had previously closed at GBX 0.53 ($0.01).
EQTEC Price Performance
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 business’s fifty day simple moving average is GBX 0.62 and its 200 day simple moving average is GBX 0.95. The stock has a market cap of £1.31 million, a price-to-earnings ratio of -3.00 and a beta of 2.07.
About EQTEC
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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