Questor Technology (CVE:QST) Hits New 12-Month Low – Here’s What Happened

Questor Technology Inc. (CVE:QST)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.27, with a volume of 40237 shares trading hands. The stock had previously closed at C$0.26.

Questor Technology Stock Up 7.7%

The company has a debt-to-equity ratio of 4.02, a quick ratio of 5.47 and a current ratio of 3.51. The business has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.30. The firm has a market capitalization of C$7.78 million, a price-to-earnings ratio of -2.37 and a beta of 0.46.

Insider Activity

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 purchased at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the completion of the transaction, the director owned 120,000 shares in the company, valued at approximately C$34,800. This trade represents a 500.00% increase in their ownership of the stock. Insiders have bought a total of 194,055 shares of company stock valued at $53,729 over the last ninety 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.