Eguana Technologies (CVE:EGT) Stock Price Down 25% – What’s Next?

Eguana Technologies Inc. (CVE:EGT)’s stock price dropped 25% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 194,856 shares traded hands during trading, an increase of 96% from the average daily volume of 99,418 shares. The stock had previously closed at C$0.02.

Eguana Technologies Price Performance

The stock’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 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.

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.