EQTEC (LON:EQT) Shares Up 54.5% – Here’s What Happened

EQTEC plc (LON:EQT)’s stock price traded up 54.5% on Wednesday . The stock traded as high as GBX 0.09 and last traded at GBX 0.09. 78,878,125 shares traded hands during trading, an increase of 143% from the average session volume of 32,493,193 shares. The stock had previously closed at GBX 0.06.

EQTEC Trading Up 72.7%

The stock has a market capitalization of £755,242.40, a price-to-earnings ratio of -0.02 and a beta of 2.07. The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75. The firm has a fifty day moving average of GBX 0.11 and a 200-day moving average of GBX 0.34.

About EQTEC

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.