Eguana Technologies (CVE:EGT) Price Target Cut to C$0.50 by Analysts at Stifel Nicolaus

Eguana Technologies (CVE:EGTGet Rating) had its price objective reduced by Stifel Nicolaus from C$0.65 to C$0.50 in a research note published on Tuesday morning, BayStreet.CA reports.

Eguana Technologies Stock Performance

CVE EGT opened at C$0.26 on Tuesday. The business’s 50-day simple moving average is C$0.35 and its 200-day simple moving average is C$0.31. The firm has a market capitalization of C$102.47 million and a P/E ratio of -9.11. The company has a debt-to-equity ratio of 141.66, a current ratio of 2.27 and a quick ratio of 1.10. Eguana Technologies has a 1-year low of C$0.21 and a 1-year high of C$0.57.

Eguana Technologies (CVE:EGTGet Rating) last released its quarterly earnings results on Monday, August 29th. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). The company had revenue of C$2.32 million for the quarter, compared to analyst estimates of C$4.73 million.

Eguana Technologies Company Profile

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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.

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