Enteq Technologies (LON:NTQ) Trading Down 9.9% – What’s Next?

Enteq Technologies Plc (LON:NTQGet Free Report) shares dropped 9.9% during mid-day trading on Monday . The stock traded as low as GBX 2.18 ($0.03) and last traded at GBX 2.18 ($0.03). Approximately 890,329 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 4,125,432 shares. The stock had previously closed at GBX 2.42 ($0.03).

Enteq Technologies Price Performance

The company has a current ratio of 2.49, a quick ratio of 4.36 and a debt-to-equity ratio of 2.65. The stock has a market cap of £2.74 million, a PE ratio of -1.31, a PEG ratio of -0.28 and a beta of 0.68. The business has a 50-day moving average price of GBX 2.27 and a 200 day moving average price of GBX 7.28.

About Enteq Technologies

(Get Free Report)

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.

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