EQTEC (LON:EQT) Trading Down 13.4% – Here’s What Happened

EQTEC plc (LON:EQTGet Free Report) dropped 13.4% during trading on Thursday . The stock 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 mid-day 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 Up 2.5 %

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 business has a fifty day simple moving average of GBX 0.66 and a two-hundred day simple moving average of GBX 0.99. The company has a market cap of £1.25 million, a PE ratio of -2.86 and a beta of 2.07.

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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