Eguana Technologies (CVE:EGT) Shares Down 33.3% – Should You Sell?

Eguana Technologies Inc. (CVE:EGT)’s share price dropped 33.3% on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 197,000 shares traded hands during mid-day trading, an increase of 40% from the average daily volume of 140,768 shares. The stock had previously closed at C$0.02.

Eguana Technologies Price Performance

The stock has a market cap of C$6.73 million, a price-to-earnings ratio of -0.38 and a beta of 1.78. 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 has a fifty day moving average of C$0.01 and a two-hundred day moving average of C$0.01.

Eguana Technologies Company Profile

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.