Insider Buying: Questor Technology (CVE:QST) Director Buys 100,000 Shares of Stock

Questor Technology Inc. (CVE:QST) Director Paul Huizinga acquired 100,000 shares of Questor Technology stock in a transaction that occurred on Monday, July 13th. The stock was bought at an average cost of C$0.29 per share, with a total value of C$29,000.00. Following the acquisition, the director directly owned 120,000 shares of the company’s stock, valued at approximately C$34,800. This trade represents a 500.00% increase in their ownership of the stock.

Paul Huizinga also recently made the following trade(s):

• On Tuesday, June 30th, Paul Huizinga bought 10,500 shares of Questor Technology stock. The stock was bought at an average price of C$0.28 per share, with a total value of C$2,940.00.

Questor Technology Price Performance

Shares of Questor Technology stock traded up C$0.01 on Monday, hitting C$0.29. The company had a trading volume of 109,000 shares, compared to its average volume of 23,688. The business has a 50-day simple moving average of C$0.28 and a 200-day simple moving average of C$0.33. The company has a debt-to-equity ratio of 4.09, a current ratio of 3.01 and a quick ratio of 5.47. The company has a market cap of C$8.05 million, a PE ratio of -3.77 and a beta of -0.09. Questor Technology Inc. has a 52 week low of C$0.23 and a 52 week high of C$0.67.

Wall Street Analysts Forecast Growth

QST has been the subject of several research reports. Acumen Capital decreased their target price on Questor Technology from C$0.75 to C$0.55 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. ATB Cormark Capital Markets lowered shares of Questor Technology from a “speculative buy” rating to a “sector perform” rating and reduced their price objective for the company from C$0.60 to C$0.45 in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Questor Technology presently has an average rating of “Hold” and an average target price of C$0.50.

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. The company was formerly known as Interglobe Gas Technology Inc and changed its name to Questor Technology Inc in September 1995.