Quisitive Technology Solutions (CVE:QUIS) Stock Price Up 46.7% - What's Next?

Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report)'s stock price shot up 46.7% 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.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on QUIS shares. Ventum Financial downgraded shares of Quisitive Technology Solutions from a "buy" rating to a "tender" rating and lifted their target price for the company from C$0.55 to C$0.57 in a report on Friday. Scotiabank downgraded Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and boosted their price objective for the company from C$0.50 to C$0.57 in a report on Friday. Finally, Raymond James raised their target price 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. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$0.69.

Quisitive Technology Solutions Price Performance

The company has a 50 day moving average of C$0.37 and a 200 day moving average of C$0.36. 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 stock has a market capitalization of C$153.55 million, a price-to-earnings 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.