EQTEC (LON:EQT) Hits New 12-Month Low – Time to Sell?

EQTEC plc (LON:EQT) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.06 and last traded at GBX 0.07, with a volume of 18886895 shares changing hands. The stock had previously closed at GBX 0.08.

EQTEC Price Performance

The company has a quick ratio of 0.84, a current ratio of 2.75 and a debt-to-equity ratio of 37.66. The company’s 50 day moving average is GBX 0.23 and its 200 day moving average is GBX 0.41. The firm has a market capitalization of £502,380.08, a price-to-earnings ratio of -0.01 and a beta of 2.07.

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.