EQTEC (LON:EQT) Trading 32.9% Higher – Here’s Why

EQTEC plc (LON:EQT) shares shot up 32.9% on Monday . The company traded as high as GBX 0.30 and last traded at GBX 0.30. 723,422 shares were traded during trading, a decline of 57% from the average session volume of 1,667,199 shares. The stock had previously closed at GBX 0.23.

EQTEC Price Performance

The company has a market capitalization of £1.66 million, a PE ratio of -0.04 and a beta of 2.07. The stock has a 50 day moving average price of GBX 0.41 and a two-hundred day moving average price of GBX 0.52. The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75.

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.