Questor Technology (CVE:QST) Hits New 1-Year Low – Here’s What Happened

Questor Technology Inc. (CVE:QST)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.32, with a volume of 101645 shares trading hands. The stock had previously closed at C$0.34.

Analysts Set New Price Targets

Separately, ATB Capital decreased their target price on Questor Technology from C$0.65 to C$0.60 and set a “sector perform” rating on the stock in a research report on Friday, August 16th.

Questor Technology Stock Down 8.8 %

The firm has a market cap of C$8.57 million, a price-to-earnings ratio of -1.62 and a beta of 1.59. The company has a debt-to-equity ratio of 4.81, a current ratio of 3.18 and a quick ratio of 5.48. The stock has a 50-day moving average of C$0.38 and a 200-day moving average of C$0.49.

Questor Technology (CVE:QST) last released its earnings results on Thursday, August 15th. The company reported C($0.03) earnings per share for the quarter, missing the consensus estimate of C($0.02) by C($0.01). Questor Technology had a negative return on equity of 22.33% and a negative net margin of 121.01%. The business had revenue of C$0.87 million for the quarter, compared to the consensus estimate of C$2.00 million. Sell-side analysts predict that Questor Technology Inc. will post 0.0249827 EPS for the current fiscal year.

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.