EQTEC (LON:EQT) Reaches New 52-Week Low – Should You Sell?

EQTEC plc (LON:EQT) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.15 and last traded at GBX 0.19, with a volume of 3428199 shares. The stock had previously closed at GBX 0.18.

EQTEC Price Performance

The firm has a market capitalization of £1.22 million, a P/E ratio of -0.03 and a beta of 2.07. The business has a fifty day moving average of GBX 0.37 and a 200-day moving average of GBX 0.49. The company has a debt-to-equity ratio of 37.66, a quick ratio of 0.84 and a current ratio of 2.75.

EQTEC Company Profile

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.