Questor Technology (CVE:QST) Stock Price Up 26.3% – Should You Buy?

Shares of Questor Technology Inc. (CVE:QST) traded up 26.3% on Wednesday . The company traded as high as C$0.48 and last traded at C$0.48. 163,000 shares were traded during trading, an increase of 424% from the average session volume of 31,102 shares. The stock had previously closed at C$0.38.

Analyst Upgrades and Downgrades

A number of research firms have commented on QST. ATB Capital upgraded shares of Questor Technology from a “sector perform” rating to a “speculative buy” rating and raised their price objective for the stock from C$0.45 to C$0.85 in a research report on Tuesday, September 2nd. Acumen Capital lifted their price target on Questor Technology from C$0.70 to C$0.75 and gave the stock a “hold” rating in a report on Friday, August 29th. Finally, Atb Cap Markets upgraded Questor Technology from a “hold” rating to a “moderate buy” rating in a research note on Monday, September 1st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$0.80.

Questor Technology Price Performance

The firm has a market cap of C$13.49 million, a P/E ratio of -8.17 and a beta of 0.51. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.62 and a quick ratio of 5.48. The company’s 50-day moving average is C$0.47 and its two-hundred day moving average is C$0.48.

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.