Questor Technology (CVE:QST) Sets New 52-Week Low – What’s Next?

Questor Technology Inc. (CVE:QST)’s stock price reached a new 52-week low on Friday. The stock traded as low as C$0.25 and last traded at C$0.24, with a volume of 63503 shares changing hands. The stock had previously closed at C$0.23.

Questor Technology Trading Up 4.3%

The business’s 50-day moving average price is C$0.28 and its 200 day moving average price is C$0.29. The company has a market cap of C$6.67 million, a P/E ratio of -2.03 and a beta of 0.46. The company has a debt-to-equity ratio of 4.02, a quick ratio of 5.47 and a current ratio of 3.51.

Insider Transactions at Questor Technology

In related news, Director Paul Huizinga purchased 100,000 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were bought at an average price of C$0.29 per share, for a total transaction of C$29,000.00. Following the completion of the transaction, the director owned 120,000 shares of the company’s stock, valued at approximately C$34,800. This trade represents a 500.00% increase in their ownership of the stock. Insiders purchased a total of 150,000 shares of company stock worth $42,400 over the last 90 days. Corporate insiders own 19.19% of the company’s stock.

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. The company was formerly known as Interglobe Gas Technology Inc and changed its name to Questor Technology Inc in September 1995.