Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Quest Water Global, Inc. is a Canada-based water technology company focused on combating the worldwide shortage of safe drinking water. The firm develops and supplies innovative solutions, including its exclusive AQUAtap system, a self-contained water purification unit tailored for community use. Another of its patented technologies, WEPS, is designed to produce potable water by extracting and purifying humidity from the atmosphere. The company serves a diverse international client base across North America, Latin America, the Caribbean, and several African countries, notably the Democratic Republic of the Congo and Angola. Quest Water Global was founded in 2010 and operates from its headquarters in North Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.