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

Questor Technology Inc. (CVE:QST)’s stock price was down 17.4% on Wednesday . The stock 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

A number of equities analysts have issued reports on QST shares. ATB Capital upgraded shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and lifted their target price for the stock from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. 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 research report on Friday, August 29th. Finally, Atb Cap Markets raised Questor Technology from a “hold” rating to a “moderate buy” rating in a research note on Monday, September 1st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Questor Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of C$0.80.

Questor Technology Stock Up 18.6%

The stock has a market cap of C$11.43 million, a price-to-earnings ratio of -13.83 and a beta of 0.74. 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 firm’s 50 day moving average is C$0.54 and its two-hundred day moving average is C$0.48.

Questor Technology Company Profile

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.