ATB Capital Lowers Questor Technology (CVE:QST) Price Target to C$0.60

Questor Technology (CVE:QST) had its target price decreased by stock analysts at ATB Capital from C$0.65 to C$0.60 in a report released on Friday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. ATB Capital’s price objective suggests a potential upside of 7.14% from the stock’s previous close.

Questor Technology Price Performance

CVE QST remained flat at C$0.56 during trading hours on Friday. The company had a trading volume of 14,200 shares, compared to its average volume of 15,770. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.99 and a quick ratio of 5.48. Questor Technology has a 52-week low of C$0.36 and a 52-week high of C$1.00. The business’s fifty day moving average is C$0.56 and its 200 day moving average is C$0.57. The stock has a market cap of C$15.62 million, a P/E ratio of -3.11 and a beta of 1.63.

Questor Technology (CVE:QST) last released its quarterly earnings results on Thursday, May 16th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$0.73 million for the quarter, compared to the consensus estimate of C$3.00 million. Questor Technology had a negative net margin of 86.60% and a negative return on equity of 19.94%. On average, equities analysts anticipate that Questor Technology will post 0.02 EPS for the current 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.