Questor Technology (CVE:QST) Trading Up 26.3% – Here’s What Happened

Questor Technology Inc. (CVE:QST) shares rose 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 mid-day trading, an increase of 424% from the average daily volume of 31,102 shares. The stock had previously closed at C$0.38.

Analysts Set New Price Targets

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

Questor Technology Stock Up 26.3%

The stock has a fifty day moving average price of C$0.47 and a 200-day moving average price of C$0.48. The firm has a market cap of C$13.22 million, a PE 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.

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.