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

Questor Technology (CVE:QST) had its price target lowered by ATB Capital from C$0.65 to C$0.60 in a report released on Friday morning, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Questor Technology Stock Performance

Questor Technology stock opened at C$0.56 on Friday. The firm has a 50-day moving average of C$0.56 and a 200-day moving average of C$0.57. Questor Technology has a one year low of C$0.36 and a one year high of C$1.00. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.99 and a quick ratio of 5.48. The company has a market cap of C$15.62 million, a price-to-earnings ratio of -3.11 and a beta of 1.63.

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