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

Questor Technology Inc. (CVE:QST)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$0.25 and last traded at C$0.25, with a volume of 36051 shares trading hands. The stock had previously closed at C$0.29.

Analyst Upgrades and Downgrades

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

Questor Technology Stock Performance

The company has a debt-to-equity ratio of 4.09, a current ratio of 3.01 and a quick ratio of 5.48. The firm has a fifty day moving average price of C$0.31 and a two-hundred day moving average price of C$0.36. The stock has a market capitalization of C$7.08 million, a PE ratio of -3.31 and a beta of -0.07.

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.