Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from EQTEC plc ( (GB:EQT) ).
EQTEC plc has announced an extension of its collaboration with GRDF, bolstered by additional private funding to advance its methanation projects in France. The company secured further funding for the Green Gas Provence project in Istres and won a competitive R&D tender for a methanation system at the University of Lorraine. This funding supports EQTEC’s efforts to demonstrate the conversion of high-purity syngas into renewable methane, with a major utility expressing interest in the project’s outcomes. These developments highlight EQTEC’s progress in the clean-tech sector despite challenging market conditions.
The most recent analyst rating on (GB:EQT) stock is a Sell with a £0.10 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.
EQTEC plc’s overall stock score is heavily impacted by its poor financial performance, bearish technical indicators, and unattractive valuation metrics. The company’s significant financial challenges, including declining revenues, high leverage, and negative cash flow trends, are the most critical factors influencing the low score.
To see Spark’s full report on GB:EQT stock, click here.
More about EQTEC plc
EQTEC plc is a company specializing in syngas technology and engineering services, focusing on the clean conversion of waste into sustainable energy and biofuels. The company is actively involved in the development of advanced methanation projects, primarily in collaboration with partners in the energy sector.
Average Trading Volume: 2,939,634
Technical Sentiment Signal: Sell
Current Market Cap: £910.3K
See more data about EQT stock on TipRanks’ Stock Analysis page.