Enteq Technologies (LON:NTQ) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Enteq Technologies Plc (LON:NTQ) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 6.36 ($0.08) and traded as low as GBX 1.80 ($0.02). Enteq Technologies shares last traded at GBX 1.80 ($0.02), with a volume of 71,568 shares traded.

Enteq Technologies Price Performance

The stock’s 50-day moving average is GBX 1.88 and its 200 day moving average is GBX 6.36. 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 stock has a market capitalization of £2.35 million, a PE ratio of -1.13, a P/E/G ratio of -0.28 and a beta of 0.68.

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.