Questor Technology (CVE:QST) Stock Price Up 26.3% – Time to Buy?

Questor Technology Inc. (CVE:QST) shares were up 26.3% on Tuesday . The company traded as high as C$0.48 and last traded at C$0.48. Approximately 163,000 shares changed hands during mid-day trading, an increase of 424% from the average daily volume of 31,102 shares. The stock had previously closed at C$0.38.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on QST shares. ATB Capital upgraded Questor Technology from a “sector perform” rating to a “speculative buy” rating and upped their price target for the company from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. Atb Cap Markets upgraded Questor Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, September 1st. Finally, Acumen Capital raised their target price on Questor Technology from C$0.70 to C$0.75 and gave the stock a “hold” rating in a research note 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 MarketBeat, Questor Technology currently has a consensus rating of “Moderate Buy” and an average price target of C$0.80.

Questor Technology Stock Up 26.3%

The firm has a 50-day moving average of C$0.47 and a two-hundred day moving average of C$0.48. The company has a quick ratio of 5.48, a current ratio of 2.62 and a debt-to-equity ratio of 2.65. The company has a market capitalization of C$13.22 million, a PE ratio of -8.00 and a beta of 0.51.

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.