Questor Technology (CVE:QST) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Questor Technology Inc. (CVE:QST)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 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 trading hands.

Analyst Ratings Changes

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

Questor Technology Stock Down 6.2 %

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

Questor Technology (CVE:QST) last announced its quarterly earnings data on Thursday, August 15th. The company reported C($0.03) 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 during the quarter, compared to analysts’ expectations of C$2.00 million. Questor Technology had a negative net margin of 121.01% and a negative return on equity of 22.33%. Sell-side analysts predict that Questor Technology Inc. will post 0.0249827 EPS for the current fiscal year.

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.