EQTEC (LON:EQT) Stock Price Down 3.8% – Here’s Why

Shares of EQTEC plc (LON:EQTGet Free Report) fell 3.8% on Tuesday . The company traded as low as GBX 0.48 ($0.01) and last traded at GBX 0.51 ($0.01). 4,505,793 shares traded hands during trading, an increase of 84% from the average session volume of 2,442,568 shares. The stock had previously closed at GBX 0.53 ($0.01).

EQTEC Trading Up 6.3 %

The firm’s 50 day simple moving average is GBX 0.62 and its 200-day simple moving average is GBX 0.95. The company has a market capitalization of £1.31 million, a PE ratio of -3.00 and a beta of 2.07. The company has a quick ratio of 0.84, a current ratio of 2.75 and a debt-to-equity ratio of 37.66.

EQTEC Company Profile

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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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