EQTEC (LON:EQT) Trading Down 6.8% – Here’s What Happened

EQTEC plc (LON:EQTGet Free Report) traded down 6.8% on Monday . The stock traded as low as GBX 0.07 and last traded at GBX 0.07. 39,111,734 shares changed hands during mid-day trading, an increase of 685% from the average session volume of 4,979,546 shares. The stock had previously closed at GBX 0.07.

EQTEC Stock Up 4.1%

The firm has a market cap of £522,746.84, 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 firm has a fifty day moving average of GBX 0.22 and a 200-day moving average of GBX 0.40.

EQTEC Company Profile

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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.

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