EQTEC (LON:EQT) Shares Up 22% – What’s Next?

EQTEC plc (LON:EQT) shares shot up 22% during trading on Monday . The company traded as high as GBX 0.06 and last traded at GBX 0.05. 189,989,688 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 164,000,922 shares. The stock had previously closed at GBX 0.04.

EQTEC Price Performance

The firm has a market capitalization of £525,615.00, a price-to-earnings ratio of -0.01 and a beta of 2.07. The company has a fifty day moving average price of GBX 0.07 and a two-hundred day moving average price of GBX 0.25. The company has a quick ratio of 0.84, a current ratio of 2.75 and a debt-to-equity ratio of 37.66.

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.