Eguana Technologies ( (TSE:EGT) ) has provided an update.
Eguana Technologies Inc. has announced a 10:1 share consolidation, which was approved by shareholders in September 2024. This move is expected to increase the price of its common shares, potentially boosting investor interest, reducing shareholder transaction costs, and improving trading liquidity. The consolidation is subject to TSX Venture Exchange approval, with further details to be disclosed in a subsequent release.
More about Eguana Technologies
Eguana Technologies Inc. is a leading provider of high-performance energy storage systems, focusing on flexible, modular, and cost-effective alternatives to traditional grid upgrades. Since 1998, the company has connected utilities with consumers through its commercial and residential energy storage solutions, with a focus on grid modernization markets in North America.
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.