EQTEC (LON:EQT) Stock Price Up 7.8% – Here’s What Happened

EQTEC plc (LON:EQT)’s stock price rose 7.8% during trading on Monday . The stock traded as high as GBX 0.07 and last traded at GBX 0.07. Approximately 9,660,514 shares traded hands during trading, a decline of 16% from the average daily volume of 11,544,298 shares. The stock had previously closed at GBX 0.06.

EQTEC Trading Down 6.7%

The stock has a market capitalization of £380,179.52, a P/E ratio of -0.01 and a beta of 2.07. The business has a 50 day simple moving average of GBX 0.14 and a 200-day simple moving average of GBX 0.36. The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75.

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.