Eguana Technologies (CVE:EGT) Shares Down 33.3% – Here’s Why

Eguana Technologies Inc. (CVE:EGT)’s stock price dropped 33.3% on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 118,000 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 123,386 shares. The stock had previously closed at C$0.02.

Eguana Technologies Price Performance

The company has a market capitalization of C$4.49 million, a price-to-earnings ratio of -0.25 and a beta of 1.78. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. 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.

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.