EQTEC plc (LON:EQT – Get Free Report) shares dropped 6.9% during mid-day trading on Monday . The company traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 1,328,565 shares changed hands during trading, a decline of 44% from the average daily volume of 2,373,913 shares. The stock had previously closed at GBX 0.59 ($0.01).
EQTEC Price Performance
The company has a debt-to-equity ratio of 37.66, a current ratio of 2.75 and a quick ratio of 0.84. The company has a fifty day moving average of GBX 0.71 and a 200 day moving average of GBX 1.04. The firm has a market capitalization of £1.38 million, a P/E ratio of -3.82 and a beta of 2.07.
About EQTEC
EQTEC plc licenses and sells its proprietary advanced gasification technology that generates green energy from municipal, agricultural and industrial waste, biomass, and plastics in the Republic of Ireland, the United Kingdom, European Union, and the United States. The company operates in two segments, Technology Sales and Power Generation.
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