Quisitive Technology Solutions (CVE:QUIS) Hits New 1-Year High - What's Next?

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as C$0.57 and last traded at C$0.56, with a volume of 75556 shares trading hands. The stock had previously closed at C$0.56.

Analyst Upgrades and Downgrades

QUIS has been the subject of a number of recent analyst reports. Scotiabank cut Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and raised their price target for the company from C$0.50 to C$0.57 in a report on Friday, January 3rd. Raymond James raised their price target on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a "market perform" rating in a report on Friday, January 3rd. Finally, Ventum Financial cut 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Quisitive Technology Solutions presently has an average rating of "Moderate Buy" and an average target price of C$0.69.

Quisitive Technology Solutions Price Performance

The stock has a market capitalization of C$109.12 million, a P/E ratio of -2.88 and a beta of 1.28. 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 has a 50-day simple moving average of C$0.51 and a 200 day simple moving average of C$0.42.

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.