Questor Technology (CVE:QST) Hits New 1-Year Low – Should You Sell?

Questor Technology Inc. (CVE:QST) hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.25 and last traded at C$0.27, with a volume of 40237 shares changing hands. The stock had previously closed at C$0.26.

Questor Technology Stock Up 7.7%

The stock has a market capitalization of C$7.78 million, a price-to-earnings ratio of -2.37 and a beta of 0.46. The business’s 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.30. The company has a quick ratio of 5.47, a current ratio of 3.51 and a debt-to-equity ratio of 4.02.

Insider Buying and Selling at Questor Technology

In related news, Director Paul Huizinga purchased 100,000 shares of the company’s stock in a transaction dated Monday, July 13th. The stock was acquired at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the completion of the transaction, the director directly 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. In the last 90 days, insiders purchased 194,055 shares of company stock worth $53,729. Insiders own 19.19% of the company’s stock.

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.