EQTEC (LON:EQT) Shares Up 54.5% – Here’s Why

EQTEC plc (LON:EQT) traded up 54.5% during trading on Wednesday . The stock traded as high as GBX 0.09 and last traded at GBX 0.09. 78,878,125 shares were traded during mid-day trading, an increase of 143% from the average session volume of 32,493,193 shares. The stock had previously closed at GBX 0.06.

EQTEC Stock Performance

The stock has a market capitalization of £651,893.44, a P/E ratio of -0.01 and a beta of 2.07. 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 has a 50-day moving average price of GBX 0.11 and a two-hundred day moving average price of GBX 0.33.

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.