Eguana Technologies (CVE:EGT) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Eguana Technologies Inc. (CVE:EGT)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.13 and traded as low as C$0.13. Eguana Technologies shares last traded at C$0.13, with a volume of 16,560 shares traded.

Eguana Technologies Stock Performance

The stock has a market capitalization of C$5.65 million, a PE ratio of -0.48 and a beta of 3.74. The company has a debt-to-equity ratio of 1,246.85, a current ratio of 0.66 and a quick ratio of 3.66. The business’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.13.

About Eguana Technologies

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.