Questor Technology (CVE:QST) Shares Break Below 50-Day Moving Average – Here’s Why

Shares of Questor Technology Inc. (CVE:QST) passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$0.29 and traded as low as C$0.25. Questor Technology shares last traded at C$0.25, with a volume of 5,500 shares traded.

Questor Technology Stock Down 2.0%

The company has a debt-to-equity ratio of 4.02, a current ratio of 3.51 and a quick ratio of 5.47. The company has a market capitalization of C$6.80 million, a PE ratio of -2.08 and a beta of 0.46. The business has a 50-day moving average of C$0.29 and a 200 day moving average of C$0.30.

Insider Activity

In other news, Director Paul Huizinga bought 100,000 shares of the stock in a transaction dated Monday, July 13th. The stock was purchased at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the transaction, the director owned 120,000 shares of the company’s stock, valued at C$34,800. The trade was a 500.00% increase in their ownership of the stock. Over the last 90 days, insiders purchased 160,500 shares of company stock worth $45,340. 19.19% of the stock is owned by corporate insiders.

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.