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

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s stock price reached 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 traded. 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 raised their price target for the company from C$0.55 to C$0.57 in a report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Stock Performance

The firm has a market cap of C$154.94 million, a P/E ratio of -18.67 and a beta of 1.28. The company’s 50 day moving average is C$0.38 and its two-hundred day 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.

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.