Eguana Technologies (CVE:EGT) Shares Down 33.3% – Here’s Why

Eguana Technologies Inc. (CVE:EGTGet Free Report)’s share price dropped 33.3% during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 197,000 shares were traded during 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 capitalization 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 business’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

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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