Questor Technology (CVE:QST) Stock Price Up 26.3% – Should You Buy?

Shares of Questor Technology Inc. (CVE:QST) shot up 26.3% during trading on Wednesday . The stock traded as high as C$0.48 and last traded at C$0.48. 163,000 shares were traded during trading, an increase of 424% from the average session volume of 31,102 shares. The stock had previously closed at C$0.38.

Analysts Set New Price Targets

QST has been the topic of a number of recent analyst reports. Atb Cap Markets upgraded Questor Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, September 1st. ATB Capital upgraded Questor Technology from a “sector perform” rating to a “speculative buy” rating and lifted their target price for the company from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. Finally, Acumen Capital upped their price target on Questor Technology from C$0.70 to C$0.75 and gave the company a “hold” rating in a research note on Friday, August 29th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Questor Technology presently has an average rating of “Moderate Buy” and an average price target of C$0.80.

Questor Technology Price Performance

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 moving average is C$0.47 and its two-hundred day moving average is C$0.48. The stock has a market cap of C$13.49 million, a PE ratio of -8.17 and a beta of 0.51.

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.