Eguana Technologies (CVE:EGT) Stock Passes Below 50 Day Moving Average – Time to Sell?

Eguana Technologies Inc. (CVE:EGT)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.12 and traded as low as C$0.10. Eguana Technologies shares last traded at C$0.10, with a volume of 2,550 shares.

Eguana Technologies Stock Down 4.8%

The company has a debt-to-equity ratio of 1,246.85, a quick ratio of 3.66 and a current ratio of 0.66. The company has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.13. The firm has a market capitalization of C$4.52 million, a PE ratio of -0.38 and a beta of 4.36.

About Eguana Technologies

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. The company provides its products under the Enduro, Evolve, and Elevate brand names. The company was formerly known as Sustainable Energy Technologies Ltd. and changed its name to Eguana Technologies Inc in September 2013. Eguana Technologies Inc is headquartered in Calgary, Canada.