An announcement from Eguana Technologies ( (TSE:EGT) ) is now available.
Eguana Technologies has reached a settlement with Duracell Power Center, which includes a termination fee and the transfer of finished goods, enhancing Eguana’s inventory for strategic projects. The agreement also provides Eguana with increased manufacturing credit, improving liquidity and reducing working capital needs, thereby strengthening its operational and strategic positioning in the energy storage market.
More about Eguana Technologies
Eguana Technologies Inc. is a leading provider of high-performance energy storage systems, focusing on delivering flexible, modular, and cost-effective alternatives to traditional grid upgrades. Since 1998, the company has been connecting utilities with consumers through its commercial and residential energy storage solutions, designed to facilitate seamless power grid transitions. Eguana’s products are manufactured in North America to ensure compliance and quality, catering to major grid modernization markets.
YTD Price Performance: -50.0%
Average Trading Volume: 117,201
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$4.52M
For a thorough assessment of EGT stock, go to TipRanks’ Stock Analysis page.