Questor Technology (CVE:QST) Sets New 12-Month Low – What’s Next?

Questor Technology Inc. (CVE:QST)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.28 and last traded at C$0.28, with a volume of 36275 shares. The stock had previously closed at C$0.30.

Analysts Set New Price Targets

A number of brokerages have commented on QST. ATB Cormark Capital Markets downgraded shares of Questor Technology from a “speculative buy” rating to a “sector perform” rating and cut their price objective for the stock from C$0.60 to C$0.45 in a research report on Wednesday, April 22nd. Acumen Capital cut their target price on shares of Questor Technology from C$0.75 to C$0.55 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$0.50.

Questor Technology Price Performance

The company has a debt-to-equity ratio of 4.31, a current ratio of 2.64 and a quick ratio of 5.48. The stock has a market cap of C$7.78 million, a PE ratio of -4.67 and a beta of -0.15. The business has a fifty day moving average of C$0.33 and a 200 day moving average of C$0.38.

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