EQTEC (LON:EQT) Stock Price Down 16.7% – Here’s Why

EQTEC plc (LON:EQT) was down 16.7% on Tuesday . The stock traded as low as GBX 0.04 and last traded at GBX 0.04. Approximately 401,208,063 shares were traded during trading, an increase of 118% from the average daily volume of 183,937,234 shares. The stock had previously closed at GBX 0.05.

EQTEC Stock Down 16.7%

The firm has a market capitalization of £420,492.00, a price-to-earnings ratio of -0.01 and a beta of 2.07. The firm has a fifty day moving average price of GBX 0.07 and a 200 day moving average price of GBX 0.25. The company has a current ratio of 2.75, a quick ratio of 0.84 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. Commercial plants have been built and are operated using EQTEC’s technology.