Questor Technology (CVE:QST) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Questor Technology Inc. (CVE:QST)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.31 and traded as low as C$0.29. Questor Technology shares last traded at C$0.29, with a volume of 5,000 shares.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on QST shares. ATB Cormark Capital Markets lowered Questor Technology from a “speculative buy” rating to a “sector perform” rating and lowered their price objective for the company from C$0.60 to C$0.45 in a research note on Wednesday, April 22nd. Acumen Capital decreased their price target on Questor Technology from C$0.75 to C$0.55 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Questor Technology presently has an average rating of “Hold” and an average target price of C$0.50.

Questor Technology Price Performance

The stock has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.36. The firm has a market capitalization of C$7.08 million, a P/E ratio of -3.31 and a beta of -0.07. The company has a quick ratio of 5.48, a current ratio of 3.01 and a debt-to-equity ratio of 4.09.

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.