Questor Technology (CVE:QST) Reaches New 1-Year Low – What’s Next?

Questor Technology Inc. (CVE:QST) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.27, with a volume of 40237 shares changing hands. The stock had previously closed at C$0.26.

Questor Technology Price Performance

The company has a market cap of C$7.22 million, a price-to-earnings ratio of -2.20 and a beta of 0.46. The company’s 50 day moving average price is C$0.29 and its 200 day moving average price is C$0.30. The company has a current ratio of 3.51, a quick ratio of 5.47 and a debt-to-equity ratio of 4.02.

Insider Activity

In other Questor Technology news, Director Paul Huizinga purchased 100,000 shares of Questor Technology stock in a transaction dated Monday, July 13th. The stock was acquired at an average cost of C$0.29 per share, with a total value of C$29,000.00. Following the acquisition, the director directly owned 120,000 shares of the company’s stock, valued at C$34,800. This represents a 500.00% increase in their ownership of the stock. Over the last ninety days, insiders purchased 194,055 shares of company stock worth $53,729. Corporate insiders own 19.19% of the company’s stock.

About Questor Technology

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. The company was formerly known as Interglobe Gas Technology Inc and changed its name to Questor Technology Inc in September 1995.