EQTEC plc (LON:EQT – Get Free Report) shares shot up 10.6% on Thursday . The stock traded as high as GBX 1.35 ($0.02) and last traded at GBX 1.30 ($0.02). 1,822,742 shares traded hands during trading, a decline of 18% from the average session volume of 2,227,678 shares. The stock had previously closed at GBX 1.18 ($0.01).
EQTEC Stock Performance
The company has a market capitalization of £2.53 million, a P/E ratio of -130.00 and a beta of 2.07. The company has a debt-to-equity ratio of 13.44, a quick ratio of 0.84 and a current ratio of 2.49. The business’s fifty day simple moving average is GBX 1.43 and its 200-day simple moving average is GBX 1.98.
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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