Eguana Technologies Inc. (OTCMKTS:EGTYF – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 39,500 shares, a growth of 188.3% from the April 30th total of 13,700 shares. Based on an average daily volume of 153,200 shares, the short-interest ratio is currently 0.3 days.
A number of equities analysts recently commented on EGTYF shares. Raymond James started coverage on Eguana Technologies in a report on Friday, February 18th. They set an “outperform” rating for the company. Stifel Nicolaus reduced their price objective on Eguana Technologies from C$0.70 to C$0.65 in a report on Tuesday, April 5th.
Shares of OTCMKTS:EGTYF opened at $0.23 on Friday. Eguana Technologies has a 12-month low of $0.18 and a 12-month high of $0.52. The business has a 50 day moving average of $0.25 and a 200-day moving average of $0.31.
Eguana Technologies Inc designs and manufactures residential and commercial energy storage systems for fuel cell, photovoltaic, and battery applications in Canada, Asia, Australia, Europe, and the United States. It provides its products under the Enduro, Evolve, and Elevate brand names. The company was formerly known as Sustainable Energy Technologies Ltd.
- Get a free copy of the StockNews.com research report on Eguana Technologies (EGTYF)
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