Questor Technology (CVE:QST) PT Raised to C$0.65

Questor Technology (CVE:QST) had its target price lifted by investment analysts at ATB Capital from C$0.60 to C$0.65 in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. ATB Capital’s price objective would suggest a potential upside of 27.45% from the company’s current price.

Questor Technology Stock Performance

Shares of QST opened at C$0.51 on Friday. The company has a current ratio of 5.86, a quick ratio of 5.48 and a debt-to-equity ratio of 3.39. The firm has a fifty day simple moving average of C$0.53 and a 200 day simple moving average of C$0.59. Questor Technology has a 12 month low of C$0.36 and a 12 month high of C$1.00. The stock has a market capitalization of C$14.23 million, a price-to-earnings ratio of -3.00 and a beta of 1.57.

Questor Technology (CVE:QST) last posted its quarterly earnings results on Thursday, May 16th. The company reported C($0.02) earnings per share (EPS) for the quarter. Questor Technology had a negative return on equity of 17.95% and a negative net margin of 66.84%. The firm had revenue of C$0.73 million for the quarter, compared to the consensus estimate of C$3.00 million. Research analysts forecast that Questor Technology will post 0.02 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.