Questor Technology (CVE:QST) Shares Up 26.3% – Here’s Why

Questor Technology Inc. (CVE:QST)’s stock price traded up 26.3% during trading on Wednesday . The company traded as high as C$0.48 and last traded at C$0.48. 163,000 shares were traded during mid-day trading, an increase of 424% from the average session volume of 31,102 shares. The stock had previously closed at C$0.38.

Analyst Ratings Changes

QST has been the subject of a number of research reports. ATB Capital upgraded shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and boosted their target price for the company from C$0.45 to C$0.85 in a research note on Tuesday, September 2nd. Acumen Capital upped their price objective on 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. Finally, Atb Cap Markets raised Questor Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, September 1st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Questor Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of C$0.80.

Questor Technology Trading Up 26.3%

The company has a market capitalization of C$13.22 million, a P/E ratio of -8.00 and a beta of 0.51. The company has a debt-to-equity ratio of 2.65, a quick ratio of 5.48 and a current ratio of 2.62. The stock has a fifty day moving average of C$0.47 and a 200 day moving average of C$0.48.

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.