EQTEC (LON:EQT) Shares Up 9.1% – Should You Buy?

EQTEC plc (LON:EQT) traded up 9.1% during trading on Monday . The stock traded as high as GBX 0.05 and last traded at GBX 0.05. 496,419,313 shares traded hands during mid-day trading, an increase of 308% from the average session volume of 121,694,930 shares. The stock had previously closed at GBX 0.04.

EQTEC Stock Performance

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’s 50 day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.26. The company has a market cap of £483,565.80, a price-to-earnings ratio of -0.01 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. Commercial plants have been built and are operated using EQTEC’s technology.