Questor Technology (CVE:QST) Price Target Lowered to C$0.55 at Acumen Capital

Questor Technology (CVE:QST) had its target price lowered by Acumen Capital from C$0.75 to C$0.55 in a research report sent to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Separately, ATB Cormark Capital Markets downgraded shares of Questor Technology from a “speculative buy” rating to a “sector perform” rating and dropped their target price for the stock from C$0.60 to C$0.45 in a research report on Wednesday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$0.50.

Questor Technology Price Performance

QST opened at C$0.30 on Wednesday. The firm has a 50 day moving average price of C$0.34 and a 200 day moving average price of C$0.41. The company has a market cap of C$8.26 million, a PE ratio of -5.00 and a beta of -0.16. Questor Technology has a 1 year low of C$0.27 and a 1 year high of C$0.67. The company has a debt-to-equity ratio of 4.32, a quick ratio of 5.48 and a current ratio of 3.47.

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. The company was formerly known as Interglobe Gas Technology Inc and changed its name to Questor Technology Inc in September 1995.