Questor Technology (CVE:QST) Trading Down 17.4% – Time to Sell?

Shares of Questor Technology Inc. (CVE:QST) traded down 17.4% during trading on Thursday . The company traded as low as C$0.37 and last traded at C$0.38. 120,108 shares traded hands during mid-day trading, an increase of 277% from the average session volume of 31,896 shares. The stock had previously closed at C$0.46.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on QST. Atb Cap Markets raised shares of Questor Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, September 1st. ATB Capital raised shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and increased their price objective for the company from C$0.45 to C$0.85 in a research note on Tuesday, September 2nd. Finally, Acumen Capital raised their target price on shares of Questor Technology from C$0.70 to C$0.75 and gave the company a “hold” rating in a research report on Friday, August 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$0.80.

Questor Technology Stock Performance

The company has a fifty day moving average price of C$0.55 and a two-hundred day moving average price of C$0.48. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.62 and a quick ratio of 5.48. The company has a market capitalization of C$10.46 million, a P/E ratio of -12.67 and a beta of 0.74.

Questor Technology Company Profile

Questor Technology Inc, an environmental emissions reduction technology company, designs, manufactures, and services waste gas combustion systems in Canada and the United States. The company rents waste gas incineration systems. It offers its solutions for various oil and gas projects, as well as for landfill biogas, syngas, waste engine exhaust, geothermal and solar, and cement plant waste heat.