EQTEC (LON:EQT) Shares Down 8.4% – Should You Sell?

EQTEC plc (LON:EQT) fell 8.4% on Wednesday . The company traded as low as GBX 0.64 ($0.01) and last traded at GBX 0.64 ($0.01). 732,167 shares traded hands during trading, a decline of 62% from the average session volume of 1,905,766 shares. The stock had previously closed at GBX 0.70 ($0.01).

EQTEC Trading Up 2.1%

The stock has a market cap of £1.75 million, a price-to-earnings ratio of -3.99 and a beta of 2.07. The company has a current ratio of 2.75, a quick ratio of 0.84 and a debt-to-equity ratio of 37.66. The business has a 50 day simple moving average of GBX 0.62 and a two-hundred day simple moving average of GBX 0.58.

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.