EQTEC (LON:EQT) Trading Down 14.3% – Here’s What Happened

EQTEC plc (LON:EQT)’s share price traded down 14.3% on Monday . The stock traded as low as GBX 0.06 and last traded at GBX 0.06. 2,621,004 shares were traded during trading, a decline of 48% from the average session volume of 5,038,776 shares. The stock had previously closed at GBX 0.07.

EQTEC Stock Performance

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84. The firm has a market cap of £441,279.80, a P/E ratio of -0.01 and a beta of 2.07. The stock’s 50 day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.38.

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.