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The latest announcement is out from EQTEC plc ( (GB:EQT) ).
EQTEC plc has announced a proposed capital reorganisation and the notice of its Annual General Meeting (AGM) scheduled for September 25, 2025. The reorganisation involves reducing the nominal value of ordinary shares to facilitate future share issues, as the current share price is below the nominal value, restricting the company’s ability to raise funds. The reorganisation will not affect shareholders’ proportional interests or the aggregate value of their holdings. The AGM will also address amendments to the company’s Articles of Association to accommodate the creation of new deferred shares, which will carry no voting or dividend rights.
The most recent analyst rating on (GB:EQT) stock is a Hold with a £0.50 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 Neutral.
EQTEC plc’s overall stock score is primarily impacted by its poor financial performance, characterized by significant losses and negative cash flow trends. While technical indicators suggest a neutral market position, the valuation remains unattractive due to a negative P/E ratio and lack of dividends. However, recent corporate events provide some optimism, indicating strategic efforts to improve financial stability and market presence.
To see Spark’s full report on GB:EQT stock, click here.
More about EQTEC plc
EQTEC plc is a leading company in the syngas technology industry, focusing on the clean conversion of waste into sustainable energy and biofuels. It aims to power the circular economy by providing innovative solutions for waste management and energy production.
Average Trading Volume: 1,088,068
Technical Sentiment Signal: Sell
Current Market Cap: £7.34M
For detailed information about EQT stock, go to TipRanks’ Stock Analysis page.