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

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on QST shares. Acumen Capital increased their price target on shares of Questor Technology from C$0.70 to C$0.75 and gave the company a “hold” rating in a research report on Friday, August 29th. Atb Cap Markets upgraded Questor Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, September 1st. Finally, ATB Capital raised Questor Technology from a “sector perform” rating to a “speculative buy” rating and upped their price target for the stock from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$0.80.

Questor Technology Stock Up 26.3%

The firm has a market cap of C$13.22 million, a P/E ratio of -8.00 and a beta of 0.51. The company has a debt-to-equity ratio of 2.65, a quick ratio of 5.48 and a current ratio of 2.62. The stock’s 50 day simple moving average is C$0.47 and its 200 day simple moving average is C$0.48.

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.