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

Eguana Technologies Inc. (CVE:EGT)’s share price dropped 33.3% during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 197,000 shares changed hands during mid-day 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 Stock Up 50.0 %

The firm’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a current ratio of 0.66, a quick ratio of 3.66 and a debt-to-equity ratio of 1,246.85. The company has a market cap of C$6.73 million, a price-to-earnings ratio of -0.38 and a beta of 1.78.

About Eguana Technologies

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.