Questor Technology (CVE:QST) Sets New 52-Week Low – Time to Sell?

Questor Technology Inc. (CVE:QST) reached a new 52-week low on Monday . The stock traded as low as C$0.26 and last traded at C$0.25, with a volume of 13170 shares. The stock had previously closed at C$0.24.

Analyst Ratings Changes

QST has been the subject of a number of research analyst reports. Acumen Capital reduced their target price on Questor Technology from C$0.75 to C$0.55 and set a “hold” rating for the company in a report on Wednesday, April 22nd. ATB Cormark Capital Markets downgraded Questor Technology from a “speculative buy” rating to a “sector perform” rating and lowered their price target for the company from C$0.60 to C$0.45 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 currently has a consensus rating of “Hold” and a consensus target price of C$0.50.

Questor Technology Price Performance

The stock has a market capitalization of C$6.94 million, a PE ratio of -3.25 and a beta of -0.09. 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’s 50-day moving average is C$0.27 and its 200 day moving average is C$0.31.

Insider Buying and Selling at Questor Technology

In other news, Director Paul Huizinga acquired 100,000 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The stock was acquired at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the completion of the acquisition, the director owned 120,000 shares in the company, valued at approximately C$34,800. The trade was a 500.00% increase in their ownership of the stock. Insiders have acquired 194,055 shares of company stock valued at $53,729 over the last 90 days. Corporate insiders own 19.19% of the company’s stock.

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.