Insider Buying: Eqtec Plc (EQT) Insider Buys 193,548 Shares of Stock

Eqtec Plc (LON:EQT) insider Tom Quigley purchased 193,548 shares of the company’s stock in a transaction that occurred on Friday, October 26th. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £1,935.48 ($2,529.05).

LON:EQT opened at GBX 0.99 ($0.01) on Wednesday. Eqtec Plc has a 1-year low of GBX 0.60 ($0.01) and a 1-year high of GBX 6.80 ($0.09).

Several analysts recently weighed in on EQT shares. Northland Capital Partners reissued a “corporate” rating on shares of Eqtec in a report on Thursday, September 27th. Liberum Capital reissued a “buy” rating and set a GBX 320 ($4.18) price target on shares of Eqtec in a report on Friday, July 27th.

About Eqtec

EQTEC plc converts biomass and waste into synthetic gas to generate electricity and heat in the United Kingdom. It engages in sourcing and providing assistance in developing waste elimination projects, as well as O&M services. The company was formerly known as REACT Energy plc and changed its name to EQTEC plc in February 2017.

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