Quisitive Technology Solutions (CVE:QUIS) Shares Up 4.9%

Quisitive Technology Solutions, Inc. (CVE:QUIS) shares were up 4.9% on Wednesday . The stock traded as high as C$0.34 and last traded at C$0.32. Approximately 104,180 shares were traded during trading, a decline of 10% from the average daily volume of 115,863 shares. The stock had previously closed at C$0.31.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Raymond James lifted their price objective on shares of Quisitive Technology Solutions from C$0.43 to C$0.46 and gave the company a “market perform” rating in a report on Monday, May 27th. Desjardins cut their price target on Quisitive Technology Solutions from C$0.70 to C$0.60 and set a “buy” rating for the company in a research note on Tuesday, May 28th. Finally, Eight Capital lowered their price objective on Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating for the company in a research note on Thursday, March 28th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$0.71.

Quisitive Technology Solutions Price Performance

The firm’s 50 day moving average price is C$0.34 and its two-hundred day moving average price is C$0.31. The stock has a market cap of C$88.29 million, a PE ratio of -8.00 and a beta of 1.34. The company has a debt-to-equity ratio of 59.47, a current ratio of 1.29 and a quick ratio of 0.88.

Insider Buying and Selling at Quisitive Technology Solutions

In other Quisitive Technology Solutions news, Senior Officer David Scott Meriwether sold 80,986 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of C$0.34, for a total value of C$27,195.10. Insiders own 6.19% of the company’s stock.

About Quisitive Technology Solutions

Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America and South Asia. It offers a suite of Microsoft software products, tools, and services comprising Microsoft Azure, Microsoft Dynamics, Microsoft 365, Microsoft Fabric, Microsoft Copilot, Azure OpenAI, Microsoft Teams, SharePoint, Azure Synapse, SQL Server, System Center, Microsoft Sentinel, Windows, Azure Virtual Desktop, Power Platform, Power Automate, Power Virtual Agents, Power Apps, Power BI, and Microsoft Viva; emPerform, an employee performance management solution; and PayiQ, a cloud-based payment processing and payments intelligence platform.