Enteq Technologies (LON:NTQ) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Enteq Technologies Plc (LON:NTQ) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Enteq Technologies Trading Down 2.6 %

The stock has a market cap of £2.48 million, a P/E 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. The business’s 50 day simple moving average is GBX 1.79 and its 200 day simple moving average is GBX 6.59.

About Enteq Technologies

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.