The stock of Eguana Technologies Inc (CVE:EGT) is a huge mover today! The stock decreased 3.23% or $0.01 on September 13, hitting $0.3. About 409,970 shares traded hands. Eguana Technologies Inc (CVE:EGT) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $59.23 million company. It was reported on Sep, 14 by Barchart.com. We have $0.26 PT which if reached, will make CVE:EGT worth $7.11 million less.
Eguana Technologies Inc. is a Canada company, which creates and makes power control products for grid interactive energy storage systems using advanced batteries. The company has a market cap of $59.23 million. The Company’s products charge and discharge batteries converting alternating current to direct current (DC) to charge the battery and converting DC to AC to discharge batteries in a bi-directional conversion process. It currently has negative earnings.
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