EQTEC (LON:EQT) Trading 8.6% Higher – Still a Buy?

EQTEC plc (LON:EQTGet Free Report)’s share price traded up 8.6% on Thursday . The stock traded as high as GBX 0.20 and last traded at GBX 0.19. 5,961,181 shares were traded during mid-day trading, an increase of 245% from the average session volume of 1,728,272 shares. The stock had previously closed at GBX 0.18.

EQTEC Stock Performance

The company has a market cap of £1.15 million, a PE ratio of -0.03 and a beta of 2.07. The stock has a 50 day simple moving average of GBX 0.39 and a two-hundred day simple moving average of GBX 0.50. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84.

EQTEC Company Profile

(Get Free Report)

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.

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