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

Eguana Technologies Inc. (CVE:EGT) traded down 33.3% during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. 197,000 shares traded hands during trading, an increase of 40% from the average session volume of 140,768 shares. The stock had previously closed at C$0.02.

Eguana Technologies Stock Performance

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 capitalization of C$6.73 million, a price-to-earnings ratio of -0.38 and a beta of 1.78. The firm has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

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.