Enteq Technologies (LON:NTQ) Trading Down 3% – Should You Sell?

Enteq Technologies Plc (LON:NTQ) fell 3% on Wednesday . The stock traded as low as GBX 2.80 ($0.03) and last traded at GBX 3.20 ($0.04). 1,661,543 shares traded hands during trading, an increase of 200% from the average session volume of 554,208 shares. The stock had previously closed at GBX 3.30 ($0.04).

Enteq Technologies Stock Performance

The company has a debt-to-equity ratio of 2.65, a current ratio of 2.49 and a quick ratio of 4.36. The company has a 50 day simple moving average of GBX 12.11 and a 200-day simple moving average of GBX 8.59. The stock has a market capitalization of £2.29 million, a P/E ratio of -106.67, a price-to-earnings-growth ratio of -0.28 and a beta of 0.68.

Enteq Technologies Company Profile

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.