Enteq Technologies (LON:NTQ) Trading 12.7% Higher – Still a Buy?

Shares of Enteq Technologies Plc (LON:NTQGet Free Report) shot up 12.7% on Wednesday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 2.20 ($0.03). 407,570 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 4,319,328 shares. The stock had previously closed at GBX 1.95 ($0.02).

Enteq Technologies Stock Performance

The business has a fifty day simple moving average of GBX 2.29 and a two-hundred day simple moving average of GBX 7.32. The company has a quick ratio of 4.36, a current ratio of 2.49 and a debt-to-equity ratio of 2.65. The company has a market cap of £3.37 million, a P/E ratio of -1.61, a P/E/G ratio of -0.28 and a beta of 0.68.

Enteq Technologies Company Profile

(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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