What’s Propelling Eguana Technologies Inc to Increase So Much?

 What's Propelling Eguana Technologies Inc to Increase So Much?

The stock of Eguana Technologies Inc (CVE:EGT) is a huge mover today! About 447,110 shares traded hands. Eguana Technologies Inc (CVE:EGT) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 9 months positive chart setup for the $56.43M company. It was reported on Oct, 19 by Barchart.com. We have $0.54 PT which if reached, will make CVE:EGT worth $46.27M more.

More notable recent Eguana Technologies Inc (CVE:EGT) news were published by: Midasletter.com which released: “Eguana Technologies CEO Targets Profitability in 2016” on November 27, 2015, also Marketwired.com with their article: “Eguana Technologies Completes Oversubscribed Offering” published on April 15, 2016, Business.Financialpost.com published: “Podcast: Eguana Technologies CEO Justin Holland on competing with Tesla” on June 06, 2016. More interesting news about Eguana Technologies Inc (CVE:EGT) were released by: Marketwired.com and their article: “Eguana Technologies Announces Proposed $1.0 Million Brokered Offering” published on March 29, 2016 as well as Midasletter.com‘s news article titled: “Eguana Technologies CTO Brent Harris on Solar and Wind Power Batteries for the …” with publication date: April 29, 2015.

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 $56.43 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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