Questor Technology (CVE:QST) Hits New 1-Year Low – Should You Sell?

Questor Technology Inc. (CVE:QST) shares hit 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 changing hands. The stock had previously closed at C$0.24.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Acumen Capital cut their price objective on shares of Questor Technology from C$0.75 to C$0.55 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. ATB Cormark Capital Markets lowered shares of Questor Technology from a “speculative buy” rating to a “sector perform” rating and decreased their target price for the stock 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 MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$0.50.

Questor Technology Stock Down 4.0%

The company has a market cap of C$6.67 million, a PE ratio of -3.12 and a beta of -0.09. The stock has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.30. The company has a quick ratio of 5.47, a current ratio of 3.01 and a debt-to-equity ratio of 4.09.

Insider Buying and Selling at Questor Technology

In other Questor Technology news, Director Paul Huizinga purchased 100,000 shares of the stock in a transaction on Monday, July 13th. The shares were purchased at an average price of C$0.29 per share, with a total value of C$29,000.00. Following the acquisition, the director directly owned 120,000 shares in the company, valued at approximately C$34,800. The trade was a 500.00% increase in their position. Over the last 90 days, insiders bought 194,055 shares of company stock valued at $53,729. Company 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.