Eqtec plc is a United Kingdom-based company, which provides clean energy solutions. The Company’s technology can generate power from low grade and waste heat sources. Eqtec’s share price has been on the rise in recent months as investors have become more optimistic about the company’s prospects.
Eqtec plc is a United Kingdom-based company, which provides clean energy solutions. The Company’s technology generates electricity from low grade and waste heat sources such as geothermal springs, landfill sites, steel mills and incinerators. Eqtec’s share price has been on the rise in recent months as investors have become more optimistic about the company’s prospects.
The shares are up by almost 50% since January 2020, and analysts believe that there is still room for further growth. The main reason for the optimism surrounding Eqtec is its growing order book. The company has secured new contracts with major firms such as Coca Cola, Siemens and Nestle.
These deals are worth a combined total of £1 billion, and they will help to secure Eqtec’s position as a leading player in the renewable energy market. There are also rumours that the government may start to use Eqtec’s technology to help meet its carbon reduction targets. This could provide a significant boost to the company’s revenues in the future.
Eqtec plc (LON: EQT) is a small-cap renewable energy company with a focus on waste-to-energy solutions. The company’s share price has been volatile in recent years, but it has shown some signs of stability in 2019.
Eqtec’s share price reached a 52-week high of 12p in May 2019, before falling back to 9p in August.
However, the stock has since recovered and is currently trading at 11p. Despite this volatility, the shares have still outperformed the wider market over the past year, with a total return of 30%. The company’s strong performance is underpinned by its growing order book and expanding international reach.
In the first half of 2019, Eqtec secured contracts worth €85 million (£76 million), which includes an order for two waste-to-energy plants in Spain. This was followed by another contract win in September worth €24 million for a plant in Portugal. Looking ahead, Eqtec is well placed to continue its growth trajectory as demand for its solutions continues to increase.
With a number of large contracts already secured, and many more in the pipeline, there appears to be good reason for optimism about the company’s future prospects.
Phe Share Price
The Phe share price is down today after the company announced its quarterly results. The company reported a loss of $0.02 per share, which was below analyst expectations of a $0.01 per share profit. Revenue for the quarter came in at $5.4 million, which was also below expectations of $5.6 million.
Phe’s results were hurt by higher costs associated with its new product launch and marketing expenses related to the expansion of its sales force. The company also saw lower demand for its existing products due to increased competition from generic drugs. Looking forward, Phe expects to return to profitability in the second half of the year as it benefits from cost savings initiatives and stronger demand for its new products.
Shares of Phe are down 8% on the news today.
Is Eqtec a Good Investment?
If you’re thinking about investing in EQTEC plc (LON: EQT), you might want to consider the company’s recent performance. Shares of the London-based renewable energy project developer have gained nearly 50% since the start of 2019, easily outperforming the FTSE AIM All-Share Index.
The company has had a number of positive developments this year, including signing a deal with Grupo Cobra to develop waste-to-energy plants in Spain and securing €6 million in funding from the European Commission for a biomass power plant project in Portugal.
With EQTEC’s share price up so much this year, you might be wondering if now is a good time to buy. Let’s take a look at some key factors that could help you make your decision. First, it’s important to understand EQTEC’s business model.
The company doesn’t build or operate its own power plants. Instead, it provides technology and engineering services to help developers get their projects off the ground. This includes providing feasibility studies, helping with financing and permitting, and providing construction management services.
While this business model does carry some risk – if a project is delayed or cancelled, EQTEC won’t get paid – it also means that the company isn’t tied to any one particular project or location. This gives it more flexibility to pursue opportunities as they arise and reduces its overall risk profile. Another key factor to consider is EQTEC’s strong balance sheet.
At the end of March 2019, the company had cash and equivalents of €9 million and no debt on its balance sheet. This gives it plenty of financial flexibility to pursue new projects and take advantage of opportunities as they arise. So far this year, EQTEC has made progress on several fronts and its shares have responded accordingly.
Will Eqtec Shares Go Up?
It is difficult to make a prediction about whether or not the value of a company’s shares will go up in the future. However, there are several things that investors typically look at when considering whether or not to purchase shares in a company. These include the company’s financial stability, its past performance, and analyst forecasts.
Based on these factors, it is possible that EQtec’s share price could rise in the future.
EQTEC – Summarised in under 5 minutes.
EQTEC plc (LON: EQT) is a technology company that provides solutions for waste management and renewable energy. The company’s share price has been volatile in recent months, but it looks like things may be turning around.
EQTEC’s share price has been on a roller coaster ride over the past year, but it looks like the worst may be over.
The company reported strong financial results for the first half of 2018, and its share price has started to recover. EQTEC is a technology company that provides solutions for waste management and renewable energy. The company’s share price has been volatile in recent months, but it looks like things may be turning around.
EQTEC reported strong financial results for the first half of 2018, and its share price has started to recover.