Questor Technology (CVE:QST) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Questor Technology Inc. (CVE:QST)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.32 and traded as low as C$0.27. Questor Technology shares last traded at C$0.27, with a volume of 5,500 shares traded.

Wall Street Analyst Weigh In

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

Questor Technology Trading Up 1.9 %

The company’s 50 day simple moving average is C$0.32 and its 200 day simple moving average is C$0.34. 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 firm has a market cap of C$7.67 million, a price-to-earnings ratio of -2.49 and a beta of 1.59.

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.