Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
EQTEC plc ( (GB:EQT) ) has issued an announcement.
EQTEC plc has received a conversion notice under its facility with Global Investment Strategy UK Limited for £50,000 of principal to be converted into 122,549,020 new ordinary shares at 0.0408p per share. The new shares, which will rank pari passu with existing stock, are expected to be admitted to trading on AIM around 20 January 2026, increasing EQTEC’s total shares in issue to 1,051,230,362 and adjusting the base for shareholders’ disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:EQT) stock is a Sell with a £0.05 price target. To see the full list of analyst forecasts on EQTEC plc stock, see the GB:EQT Stock Forecast page.
Spark’s Take on GB:EQT Stock
According to Spark, TipRanks’ AI Analyst, GB:EQT is a Underperform.
The score is driven primarily by very weak financial performance (losses, high leverage, and negative cash flow). Technicals are also negative with the stock below key moving averages and bearish MACD, with only oversold indicators offering limited support. Valuation provides little offset given the negative P/E and no dividend yield data.
To see Spark’s full report on GB:EQT stock, click here.
More about EQTEC plc
EQTEC plc is a clean technology company that provides proprietary syngas technology and engineering services to convert a wide range of waste feedstocks into sustainable energy and biofuels. Serving developers, owner-operators and industrial clients, it delivers modular, scalable thermochemical conversion solutions that process mixed municipal, industrial and other non-recyclable wastes with no hazardous emissions, producing syngas, power, heat, hydrogen and other energy products. The AIM-quoted company has been awarded the London Stock Exchange’s Green Economy Mark for deriving the majority of its revenues from environmental and green solutions.
Average Trading Volume: 18,474,244
Technical Sentiment Signal: Sell
Current Market Cap: £565.3K
For an in-depth examination of EQT stock, go to TipRanks’ Overview page.