Enteq Technologies (LON:NTQ) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Enteq Technologies Plc (LON:NTQ)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.59 ($0.09) and traded as low as GBX 1.90 ($0.02). Enteq Technologies shares last traded at GBX 1.90 ($0.02), with a volume of 1,034 shares traded.

Enteq Technologies Price Performance

The firm has a 50-day moving average of GBX 1.79 and a 200-day moving average of GBX 6.59. The stock has a market cap of £2.48 million, a PE ratio of -1.19, a PEG ratio of -0.28 and a beta of 0.68. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.49 and a quick ratio of 4.36.

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.