Questor Technology (CVE:QST) Trading Up 34.9% After Analyst Upgrade

Questor Technology Inc. (CVE:QST)’s stock price was up 34.9% during trading on Friday after Acumen Capital raised their price target on the stock from C$0.70 to C$0.75. Acumen Capital currently has a hold rating on the stock. Questor Technology traded as high as C$0.59 and last traded at C$0.58. Approximately 208,446 shares changed hands during mid-day trading, an increase of 615% from the average daily volume of 29,134 shares. The stock had previously closed at C$0.43.

Questor Technology Trading Down 1.7%

The company has a debt-to-equity ratio of 2.65, a quick ratio of 5.48 and a current ratio of 2.62. The company has a market capitalization of C$15.70 million, a price-to-earnings ratio of -6.33 and a beta of 0.79. The business’s 50-day simple moving average is C$0.46 and its 200-day simple moving average is C$0.37.

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.