Questor Technology (CVE:QST) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Questor Technology Inc. (CVE:QST) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.39 and traded as low as C$0.34. Questor Technology shares last traded at C$0.34, with a volume of 51,000 shares trading hands.

Analyst Upgrades and Downgrades

Separately, ATB Capital cut their price objective on shares of Questor Technology from C$0.60 to C$0.50 in a report on Tuesday, December 10th.

Questor Technology Stock Performance

The company has a market cap of C$9.52 million, a price-to-earnings ratio of -3.09 and a beta of 1.59. The company has a current ratio of 2.62, a quick ratio of 5.48 and a debt-to-equity ratio of 2.65. The stock’s fifty day simple moving average is C$0.35 and its 200 day simple moving average is C$0.39.

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.