Eguana Technologies (CVE:EGT) Stock Price Down 50% – Here’s What Happened

Eguana Technologies Inc. (CVE:EGT)’s stock price dropped 50% on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 391,900 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 325,494 shares. The stock had previously closed at C$0.01.

Eguana Technologies Stock Performance

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 company has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$4.49 million, a PE ratio of -0.25 and a beta of 1.78.

Eguana Technologies (CVE:EGT) last announced its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$0.66 million for the quarter.

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.