Quisitive Technology Solutions (CVE:QUIS) Trading 46.7% Higher - Time to Buy?

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) traded up 46.7% during mid-day trading on Friday . The company traded as high as C$0.56 and last traded at C$0.55. 8,653,851 shares traded hands during trading, an increase of 5,373% from the average session volume of 158,129 shares. The stock had previously closed at C$0.38.

Wall Street Analyst Weigh In

A number of brokerages recently commented on QUIS. Scotiabank cut Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and raised their target price for the stock from C$0.50 to C$0.57 in a report on Friday. Raymond James lifted their price objective on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a "market perform" rating in a research report on Friday. 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. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$0.69.

Quisitive Technology Solutions Stock Up 0.9 %

The company has a debt-to-equity ratio of 35.41, a quick ratio of 0.88 and a current ratio of 1.61. The company's fifty day moving average price is C$0.37 and its 200-day moving average price is C$0.36. The stock has a market cap of C$153.55 million, a P/E ratio of -18.50 and a beta of 1.28.

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.