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

Questor Technology Inc. (CVE:QST) shares fell 17.4% on Thursday . The stock traded as low as C$0.37 and last traded at C$0.38. 120,108 shares were traded during trading, an increase of 277% from the average session volume of 31,896 shares. The stock had previously closed at C$0.46.

Analysts Set New Price Targets

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

Questor Technology Stock Performance

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 market cap of C$11.43 million, a P/E ratio of -13.83 and a beta of 0.74. The business’s 50-day moving average price is C$0.54 and its 200-day moving average price is C$0.48.

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.