Enteq Technologies (LON:NTQ) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Enteq Technologies Plc (LON:NTQ)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 5.42 ($0.07) and traded as low as GBX 0.49 ($0.01). Enteq Technologies shares last traded at GBX 0.49 ($0.01), with a volume of 0 shares traded.

Enteq Technologies Price Performance

The company has a quick ratio of 4.36, a current ratio of 2.49 and a debt-to-equity ratio of 2.65. The stock’s 50-day moving average price is GBX 1.58 and its 200 day moving average price is GBX 5.42. The firm has a market cap of £636,533.98, a price-to-earnings ratio of -0.31, a price-to-earnings-growth ratio of -0.28 and a beta of 0.68.

Enteq Technologies Company Profile

Enteq Technologies Plc, together with its subsidiaries, provides reach and recovery products and technologies to the technologies oil and gas services market in the United States, China, Europe, Central Asia, Australasia, and internationally. The company designs, manufactures, and sells specialized parts and products for directional drilling and measurement while drilling operations for use in the energy exploration and services sector of the oil and gas industry.