Questor Technology (CVE:QST) Shares Down 17.6% – Should You Sell?

Questor Technology Inc. (CVE:QST) traded down 17.6% during trading on Tuesday . The company traded as low as C$0.25 and last traded at C$0.28. 143,330 shares changed hands during trading, an increase of 409% from the average session volume of 28,165 shares. The stock had previously closed at C$0.34.

Questor Technology Stock Performance

The stock’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.30. 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 market cap of C$7.78 million, a price-to-earnings ratio of -2.37 and a beta of 0.46.

Insider Activity at Questor Technology

In other Questor Technology news, Director Paul Huizinga bought 100,000 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was purchased at an average price of C$0.29 per share, with a total value of C$29,000.00. Following the transaction, the director owned 120,000 shares in the company, valued at C$34,800. This trade represents a 500.00% increase in their ownership of the stock. In the last quarter, 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.