Questor Technology (CVE:QST) Stock Price Down 17.6% – What’s Next?

Questor Technology Inc. (CVE:QST)’s stock price dropped 17.6% during trading on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.28. 143,330 shares traded hands during mid-day trading, an increase of 409% from the average session volume of 28,165 shares. The stock had previously closed at C$0.34.

Questor Technology Trading Down 17.6%

The firm has a market capitalization of C$7.78 million, a price-to-earnings ratio of -2.37 and a beta of 0.46. The company has a debt-to-equity ratio of 4.02, a quick ratio of 5.47 and a current ratio of 3.51. The company has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.30.

Insider Buying and Selling

In other Questor Technology news, Director Paul Huizinga purchased 100,000 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were purchased at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the completion of the purchase, the director directly owned 120,000 shares in the company, valued at C$34,800. This represents a 500.00% increase in their ownership of the stock. Insiders have bought a total of 194,055 shares of company stock valued at $53,729 in the last three months. 19.19% of the stock is owned by company insiders.

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