Questor Technology (CVE:QST) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Questor Technology Inc. (CVE:QSTGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.30 and traded as low as C$0.24. Questor Technology shares last traded at C$0.24, with a volume of 7,000 shares.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on QST shares. Acumen Capital decreased their price target on Questor Technology from C$0.75 to C$0.55 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. ATB Cormark Capital Markets downgraded Questor Technology from a “speculative buy” rating to a “sector perform” rating and decreased their price target for the company from C$0.60 to C$0.45 in a research report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Questor Technology currently has an average rating of “Hold” and a consensus target price of C$0.50.

Read Our Latest Analysis on Questor Technology

Questor Technology Stock Down 5.9%

The company has a quick ratio of 5.48, a current ratio of 3.01 and a debt-to-equity ratio of 4.09. The stock has a 50-day simple moving average of C$0.30 and a 200-day simple moving average of C$0.35. The firm has a market capitalization of C$6.67 million, a PE ratio of -3.12 and a beta of -0.07.

Questor Technology Company Profile

(Get Free Report)

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.

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