Enteq Technologies (LON:NTQ) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Enteq Technologies Plc (LON:NTQ) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.96 ($0.13) and traded as low as GBX 3.90 ($0.05). Enteq Technologies shares last traded at GBX 4.05 ($0.05), with a volume of 152,450 shares traded.

Enteq Technologies Trading Down 4.7 %

The stock has a market cap of £2.90 million, a P/E ratio of -135.00, a price-to-earnings-growth ratio of -0.28 and a beta of 0.68. The stock’s 50-day moving average is GBX 14.04 and its two-hundred day moving average is GBX 9.96. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.49 and a quick ratio of 4.36.

About Enteq Technologies

Enteq Technologies Plc, together with its subsidiaries, provides reach and recovery products and technologies to the technologies oil and gas services market in the United States, China, Europe, Central Asia, Australasia, and internationally. The company designs, manufactures, and sells specialized parts and products for directional drilling and measurement while drilling operations for use in the energy exploration and services sector of the oil and gas industry.