Insider Buying: Questor Technology (CVE:QST) Director Buys C$29,000.00 in Stock

Questor Technology Inc. (CVE:QST) Director Paul Huizinga bought 100,000 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were acquired at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the transaction, the director directly owned 120,000 shares in the company, valued at approximately C$34,800. This represents a 500.00% increase in their position.

Paul Huizinga also recently made the following trade(s):

• On Tuesday, June 30th, Paul Huizinga bought 10,500 shares of Questor Technology stock. The shares were acquired at an average price of C$0.28 per share, with a total value of C$2,940.00.

Questor Technology Stock Performance

Shares of QST opened at C$0.29 on Thursday. The company has a market capitalization of C$8.05 million, a price-to-earnings ratio of -3.77 and a beta of -0.09. Questor Technology Inc. has a 52-week low of C$0.23 and a 52-week high of C$0.67. The company has a quick ratio of 5.47, a current ratio of 3.01 and a debt-to-equity ratio of 4.09. The stock has a 50 day moving average price of C$0.28 and a 200 day moving average price of C$0.33.

Analyst Upgrades and Downgrades

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

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