Eguana Technologies (CVE:EGT) Shares Down 33.3% – Time to Sell?

Eguana Technologies Inc. (CVE:EGT) dropped 33.3% during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 202,000 shares changed hands during trading, an increase of 66% from the average daily volume of 121,899 shares. The stock had previously closed at C$0.02.

Eguana Technologies Price Performance

The company’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. The company has a debt-to-equity ratio of 1,246.85, a current ratio of 0.66 and a quick ratio of 3.66. The stock has a market capitalization of C$6.73 million, a P/E ratio of -0.38 and a beta of 1.78.

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.