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

Shares of Questor Technology Inc. (CVE:QST) traded down 17.4% during mid-day trading on Wednesday . The stock 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.

Analyst Ratings Changes

A number of research firms have commented on QST. Acumen Capital upped their price objective on shares of Questor Technology from C$0.70 to C$0.75 and gave the stock a “hold” rating in a research report on Friday, August 29th. ATB Capital raised shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and upped their price target for the stock from C$0.45 to C$0.85 in a report on Tuesday, September 2nd. Finally, 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. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Questor Technology has a consensus rating of “Moderate Buy” and a consensus price target of C$0.80.

Questor Technology Trading Down 17.4%

The business’s 50 day simple moving average is C$0.55 and its two-hundred day simple moving average is C$0.48. The stock has a market cap of C$10.46 million, a P/E ratio of -12.67 and a beta of 0.74. The company has a quick ratio of 5.48, a current ratio of 2.62 and a debt-to-equity ratio of 2.65.

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.