Questor Technology (CVE:QST) Shares Cross Above Fifty Day Moving Average of $0.86

Questor Technology Inc. (CVE:QST) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.86 and traded as high as C$0.94. Questor Technology shares last traded at C$0.90, with a volume of 49,400 shares changing hands.

Analysts Set New Price Targets

Separately, ATB Capital decreased their price target on Questor Technology from C$1.15 to C$1.10 and set a “sector perform” rating for the company in a research report on Tuesday, August 29th.

Questor Technology Stock Down 3.2 %

The company has a quick ratio of 5.48, a current ratio of 4.70 and a debt-to-equity ratio of 0.92. The stock has a 50-day simple moving average of C$0.86 and a 200-day simple moving average of C$0.90. The firm has a market capitalization of C$25.20 million, a PE ratio of -18.00 and a beta of 1.74.

Questor Technology (CVE:QST) last released its earnings results on Thursday, August 24th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.01). Questor Technology had a negative return on equity of 5.40% and a negative net margin of 21.36%. The firm had revenue of C$2.22 million during the quarter, compared to analysts’ expectations of C$2.00 million. Analysts forecast that Questor Technology Inc. will post 0.0100443 EPS for the current year.

Questor Technology Company Profile

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.