EQTEC (LON:EQT) Trading Down 25% – Here’s What Happened

Shares of EQTEC plc (LON:EQTGet Free Report) traded down 25% on Tuesday . The stock traded as low as GBX 0.09 and last traded at GBX 0.09. 16,167,386 shares traded hands during mid-day trading, an increase of 275% from the average session volume of 4,312,475 shares. The stock had previously closed at GBX 0.12.

EQTEC Price Performance

The firm has a fifty day moving average of GBX 0.25 and a two-hundred day moving average of GBX 0.42. The stock has a market capitalization of £678,892.00, a P/E ratio of -0.02 and a beta of 2.07. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84.

About EQTEC

(Get Free Report)

EQTEC is a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production.

We provide solutions for two of the world’s greatest challenges: managing rising levels of waste and meeting the growing demand for clean energy.

EQTEC designs and supplies advanced gasification solutions and has a higher efficiency product offering that it is modular and scalable from 1MW to 30MW.

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