EQTEC (LON:EQT) Reaches New 1-Year Low – Time to Sell?

EQTEC plc (LON:EQT)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.15 and last traded at GBX 0.19, with a volume of 3428199 shares trading hands. The stock had previously closed at GBX 0.18.

EQTEC Stock Up 8.6%

The firm has a market cap of £1.22 million, a price-to-earnings ratio of -0.03 and a beta of 2.07. The stock’s 50 day moving average is GBX 0.37 and its 200 day moving average is GBX 0.49. 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

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.