Questor Technology (CVE:QST) Hits New 12-Month Low – Here’s What Happened

Questor Technology Inc. (CVE:QST) shares 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. The stock had previously closed at C$0.34.

Analyst Ratings Changes

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

Questor Technology Price Performance

The stock’s 50-day moving average is C$0.38 and its 200 day moving average is C$0.49. 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 company has a market cap of C$8.57 million, a PE ratio of -1.48 and a beta of 1.59.

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