Questor Technology (CVE:QST) Trading Down 17.4% – Should You Sell?

Questor Technology Inc. (CVE:QST)’s stock price 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 changed hands during 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

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

Questor Technology Price Performance

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