Questor Technology (CVE:QST) Reaches New 52-Week Low – Here’s What Happened

Shares of Questor Technology Inc. (CVE:QST) reached a new 52-week low on Tuesday . The company traded as low as C$0.25 and last traded at C$0.26, with a volume of 4000 shares trading hands. The stock had previously closed at C$0.26.

Questor Technology Price Performance

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 stock 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 cap of C$7.22 million, a PE ratio of -2.20 and a beta of 0.46.

Insider Transactions at Questor Technology

In other news, Director Paul Huizinga purchased 100,000 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were bought at an average price of C$0.29 per share, for a total transaction of C$29,000.00. Following the purchase, the director directly owned 120,000 shares in the company, valued at approximately C$34,800. This trade represents a 500.00% increase in their position. In the last quarter, insiders have bought 194,055 shares of company stock valued at $53,729. 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.