Eguana Technologies (CVE:EGT) Shares Down 25% – Here’s Why

Eguana Technologies Inc. (CVE:EGTGet Free Report) shares dropped 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 148,392 shares changed hands during trading, an increase of 6% from the average daily volume of 140,229 shares. The stock had previously closed at C$0.02.

Eguana Technologies Stock Performance

The company has a quick ratio of 3.66, a current ratio of 0.66 and a debt-to-equity ratio of 1,246.85. The stock’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The firm has a market capitalization of C$6.73 million, a price-to-earnings ratio of -0.38 and a beta of 1.78.

About Eguana Technologies

(Get Free Report)

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.

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