Questor Technology (CVE:QST) Downgraded to “Sector Perform” Rating by ATB Cormark Capital Markets

ATB Cormark Capital Markets cut shares of Questor Technology (CVE:QST) from a speculative buy rating to a sector perform rating in a research report sent to investors on Wednesday,BayStreet.CA reports. The firm currently has C$0.45 price target on the stock, down from their prior price target of C$0.60.

Questor Technology Price Performance

CVE:QST opened at C$0.30 on Wednesday. The firm has a market cap of C$8.26 million, a price-to-earnings ratio of -5.00 and a beta of -0.16. The company has a current ratio of 3.47, a quick ratio of 5.48 and a debt-to-equity ratio of 4.32. The company’s 50-day moving average is C$0.34 and its two-hundred day moving average is C$0.41. Questor Technology has a 12-month low of C$0.27 and a 12-month high of C$0.67.

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.