Quisitive Technology Solutions (CVE:QUIS) Downgraded to Sector Perform Rating by Scotiabank

Scotiabank cut shares of Quisitive Technology Solutions (CVE:QUIS) from an outperform rating to a sector perform rating in a research report report published on Friday,BayStreet.CA reports. The brokerage currently has C$0.57 price target on the stock, up from their prior price target of C$0.50.

Several other analysts also recently weighed in on the company. Ventum Financial downgraded Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price target for the company from C$0.55 to C$0.57 in a research note on Friday. Raymond James increased their price target on shares of Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a report on Friday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Quisitive Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Price Performance

Shares of CVE QUIS opened at C$0.56 on Friday. The company has a market cap of C$153.55 million, a PE ratio of -18.50 and a beta of 1.28. Quisitive Technology Solutions has a fifty-two week low of C$0.25 and a fifty-two week high of C$0.56. The company has a debt-to-equity ratio of 35.41, a quick ratio of 0.88 and a current ratio of 1.61. The business has a 50-day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.36.

Quisitive Technology Solutions Company Profile

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.