Quisitive Technology Solutions (CVE:QUIS) Hits New 52-Week High on Analyst Upgrade

Quisitive Technology Solutions, Inc. (CVE:QUIS) shares hit a new 52-week high during trading on Monday 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$0.56, with a volume of 582893 shares. The stock had previously closed at C$0.56.

Separately, Ventum Financial downgraded 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The stock has a market capitalization of C$154.94 million, a P/E ratio of -18.67 and a beta of 1.28. The stock’s 50-day simple moving average is C$0.38 and its 200 day simple moving average is C$0.36. The company has a debt-to-equity ratio of 35.41, a current ratio of 1.61 and a quick ratio of 0.88.

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.