Questor Technology (CVE:QST) Shares Up 26.3% – Time to Buy?

by · The Cerbat Gem

Questor Technology Inc. (CVE:QST – Get Free Report) shares shot up 26.3% on Tuesday . The stock traded as high as C$0.48 and last traded at C$0.48. 163,000 shares changed hands during trading, an increase of 424% from the average session volume of 31,102 shares. The stock had previously closed at C$0.38.

Analyst Upgrades and Downgrades

A number of analysts have 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. Acumen Capital lifted their price target on shares of Questor Technology from C$0.70 to C$0.75 and gave the company a “hold” rating in a research note on Friday, August 29th. Finally, ATB Capital raised shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and boosted their price target for the stock from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$0.80.

Check Out Our Latest Research Report on QST

Questor Technology Stock Up 26.3%

The firm has a market capitalization of C$13.22 million, a P/E ratio of -8.00 and a beta of 0.51. The firm’s 50 day moving average is C$0.47 and its two-hundred day moving average is C$0.48. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.62 and a quick ratio of 5.48.

About Questor Technology

(Get Free Report)

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.

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