Quisitive Technology Solutions (CVE:QUIS) Reaches New 12-Month High - Here's Why

Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.56 and last traded at C$0.56, with a volume of 85010 shares. The stock had previously closed at C$0.56.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on QUIS shares. Scotiabank lowered Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and increased their target price for the company 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 lifted their price objective for the stock from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Finally, Raymond James upped their target price on shares of Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a "market perform" rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$0.69.

Quisitive Technology Solutions Stock Performance

The company has a market capitalization of C$154.94 million, a price-to-earnings ratio of -18.67 and a beta of 1.28. The stock has a 50-day moving average price of C$0.47 and a 200-day moving average price of C$0.40. 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.