Brokerages Set Quisitive Technology Solutions, Inc. (CVE:QUIS) PT at C$0.69

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) have been assigned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$0.69.

Several research analysts recently commented on the stock. Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and raised their price target for the stock from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Raymond James raised their target price on shares of Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a research report on Friday, January 3rd. Finally, Scotiabank lowered Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$0.50 to C$0.57 in a report on Friday, January 3rd.

Quisitive Technology Solutions Trading Down 1.8 %

QUIS opened at C$0.56 on Friday. The company has a debt-to-equity ratio of 34.66, a quick ratio of 0.88 and a current ratio of 1.48. The stock’s 50 day moving average price is C$0.51 and its 200-day moving average price is C$0.42. Quisitive Technology Solutions has a one year low of C$0.25 and a one year high of C$0.57. The stock has a market cap of C$109.12 million, a price-to-earnings ratio of -2.88 and a beta of 1.28.

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.