Quisitive Technology Solutions (CVE:QUIS) Reaches New 1-Year High - Here's What Happened

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 39305 shares traded. The stock had previously closed at C$0.56.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on QUIS shares. Scotiabank lowered shares of Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and increased their target price for the stock from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Ventum Financial lowered shares of Quisitive Technology Solutions from a "buy" rating to a "tender" rating and increased their target price for the stock from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Finally, Raymond James increased their price target 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. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Quisitive Technology Solutions presently has an average rating of "Moderate Buy" and an average price target of C$0.69.

Quisitive Technology Solutions Trading Up 1.8 %

The company has a debt-to-equity ratio of 34.66, a current ratio of 1.48 and a quick ratio of 0.88. The firm has a market capitalization of C$111.07 million, a PE ratio of -2.93 and a beta of 1.28. The business's 50-day moving average price is C$0.49 and its 200-day moving average price is C$0.41.

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.