Quisitive Technology Solutions (CVE:QUIS) Trading Up 46.7% Following Analyst Upgrade

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s stock price rose 46.7% during mid-day trading on Friday after Raymond James raised their price target on the stock from C$0.54 to C$0.57. Raymond James currently has a market perform rating on the stock. Quisitive Technology Solutions traded as high as C$0.56 and last traded at C$0.55. Approximately 8,653,851 shares were traded during trading, an increase of 5,373% from the average daily volume of 158,129 shares. The stock had previously closed at C$0.38.

Separately, Ventum Financial cut shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and upped their price target for the stock from C$0.55 to C$0.57 in a research report on Friday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 35.41. The company has a market capitalization of C$153.55 million, a price-to-earnings ratio of -18.50 and a beta of 1.28. The stock has a 50-day simple moving average of C$0.37 and a 200-day simple moving average of C$0.36.

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.