EQTEC (LON:EQT) Stock Price Down 12% – Time to Sell?

EQTEC plc (LON:EQT)’s share price fell 12% during trading on Wednesday . The stock traded as low as GBX 0.12 and last traded at GBX 0.13. 124,526,102 shares traded hands during trading, an increase of 55% from the average session volume of 80,182,500 shares. The stock had previously closed at GBX 0.15.

EQTEC Trading Down 12.3%

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84. The company has a fifty day moving average of GBX 0.10 and a 200-day moving average of GBX 0.33. The firm has a market capitalization of £906,290.88, a PE ratio of -0.02 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.