Questor Technology (CVE:QST) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Questor Technology Inc. (CVE:QST)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.29 and traded as high as C$0.38. Questor Technology shares last traded at C$0.38, with a volume of 15,494 shares.

Questor Technology Stock Performance

The company has a current ratio of 3.51, a quick ratio of 5.47 and a debt-to-equity ratio of 4.02. The business’s 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.30. The company has a market capitalization of C$9.72 million, a PE ratio of -4.55 and a beta of -0.09.

Insiders Place Their Bets

In other news, Director Paul Huizinga acquired 100,000 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was purchased at an average cost of C$0.29 per share, with a total value of C$29,000.00. Following the completion of the acquisition, the director directly owned 120,000 shares in the company, valued at C$34,800. This represents a 500.00% increase in their ownership of the stock. Insiders bought 194,055 shares of company stock valued at $53,729 over the last three months. 19.19% of the stock is owned by 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.