EQTEC (LON:EQT) Sets New 1-Year Low – Here’s Why

EQTEC plc (LON:EQT)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.44 ($0.01) and last traded at GBX 0.47 ($0.01), with a volume of 4581525 shares changing hands. The stock had previously closed at GBX 0.47 ($0.01).

EQTEC Stock Performance

The company has a current ratio of 2.75, a quick ratio of 0.84 and a debt-to-equity ratio of 37.66. The stock’s 50 day moving average price is GBX 0.53 and its two-hundred day moving average price is GBX 0.84. The firm has a market capitalization of £1.12 million, a price-to-earnings ratio of -2.56 and a beta of 2.07.

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.