Quisitive Technology Solutions (CVE:QUIS) Stock Rating Lowered by Scotiabank

Quisitive Technology Solutions (CVE:QUIS) was downgraded by Scotiabank from an “outperform” rating to a “sector perform” rating in a report issued on Friday,BayStreet.CA reports. They currently have a C$0.57 target price on the stock, up from their prior target price of C$0.50. Scotiabank’s price target points to a potential upside of 2.70% from the company’s current price.

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

Quisitive Technology Solutions Price Performance

CVE QUIS opened at C$0.56 on Friday. The firm’s fifty day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.36. The firm has a market capitalization of C$153.55 million, a P/E ratio of -18.50 and a beta of 1.28. The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 35.41. Quisitive Technology Solutions has a 12-month low of C$0.25 and a 12-month high of C$0.56.

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.