Questor Technology (CVE:QST) Stock Crosses Above 50 Day Moving Average – What’s Next?

Questor Technology Inc. (CVE:QST)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.39 and traded as high as C$0.41. Questor Technology shares last traded at C$0.38, with a volume of 9,500 shares changing hands.

Analyst Ratings Changes

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

Questor Technology Stock Down 6.2 %

The stock has a market cap of C$10.51 million, a PE ratio of -1.81 and a beta of 1.59. The business has a 50 day moving average of C$0.39 and a 200-day moving average of C$0.50. The company has a current ratio of 3.18, a quick ratio of 5.48 and a debt-to-equity ratio of 4.81.

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 analysts’ consensus estimates 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 analysts’ expectations of C$2.00 million. Equities research 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.