Eguana Technologies (CVE:EGT) Trading 22.7% Higher – Time to Buy?

Shares of Eguana Technologies Inc. (CVE:EGTGet Free Report) were up 22.7% during trading on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 94,295 shares changed hands during trading, an increase of 307% from the average daily volume of 23,143 shares. The stock had previously closed at C$0.11.

Eguana Technologies Price Performance

The stock’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.12. The company has a quick ratio of 3.66, a current ratio of 0.66 and a debt-to-equity ratio of 1,246.85. The firm has a market capitalization of C$6.10 million, a price-to-earnings ratio of -0.52 and a beta of 3.90.

About Eguana Technologies

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Eguana Technologies Inc designs and manufactures residential and commercial energy storage systems for fuel cell, photovoltaic, and battery applications in Canada, Asia, Australia, Europe, and the United States. The company provides its products under the Enduro, Evolve, and Elevate brand names. The company was formerly known as Sustainable Energy Technologies Ltd. and changed its name to Eguana Technologies Inc in September 2013. Eguana Technologies Inc is headquartered in Calgary, Canada.

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