EQTEC (LON:EQT) Stock Price Down 7.2% – What’s Next?

EQTEC plc (LON:EQTGet Free Report) dropped 7.2% during trading on Friday . The company traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 1,420,818 shares changed hands during trading, a decline of 45% from the average daily volume of 2,575,809 shares. The stock had previously closed at GBX 0.97 ($0.01).

EQTEC Trading Down 12.4 %

The firm has a market cap of £2.19 million, a PE ratio of -5.22 and a beta of 2.07. The company’s 50-day moving average is GBX 1.15 and its 200 day moving average is GBX 1.44. The company has a current ratio of 1.80, a quick ratio of 0.84 and a debt-to-equity ratio of 26.16.

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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