EQTEC (LON:EQT) Hits New 12-Month Low – Here’s Why

EQTEC plc (LON:EQT)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.05 and last traded at GBX 0.06, with a volume of 14048573 shares trading hands. The stock had previously closed at GBX 0.06.

EQTEC Stock Performance

The company has a quick ratio of 0.84, a current ratio of 2.75 and a debt-to-equity ratio of 37.66. The company has a fifty day moving average of GBX 0.17 and a two-hundred day moving average of GBX 0.38. The stock has a market capitalization of £407,335.20, a price-to-earnings ratio of -0.01 and a beta of 2.07.

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. Commercial plants have been built and are operated using EQTEC’s technology.