Enteq Technologies (LON:NTQ) Shares Up 29.2% – Here’s Why

Enteq Technologies Plc (LON:NTQGet Free Report) shares were up 29.2% during mid-day trading on Thursday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 2.20 ($0.03). Approximately 3,467,253 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 3,621,716 shares. The stock had previously closed at GBX 1.70 ($0.02).

Enteq Technologies Stock Up 29.2 %

The firm has a 50 day moving average price of GBX 2.06 and a 200-day moving average price of GBX 7. 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 firm has a market cap of £2.87 million, a PE ratio of -1.37, a PEG ratio of -0.28 and a beta of 0.68.

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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