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

Questor Technology Inc. (CVE:QST)’s stock price was down 17.4% during mid-day trading on Thursday . The company traded as low as C$0.37 and last traded at C$0.38. Approximately 120,108 shares traded hands during trading, an increase of 277% from the average daily volume of 31,896 shares. The stock had previously closed at C$0.46.

Analyst Upgrades and Downgrades

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

Questor Technology Trading Up 18.6%

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$11.43 million, a PE ratio of -13.83 and a beta of 0.74. The stock has a 50 day moving average price of C$0.54 and a 200-day moving average price of 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.