Quisitive Technology Solutions (CVE:QUIS) Trading 46.7% Higher - Should You Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) shot up 46.7% during 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.

Analysts Set New Price Targets

QUIS has been the subject of a number of research analyst reports. Ventum Financial downgraded Quisitive Technology Solutions from a "buy" rating to a "tender" rating and upped their target price for the stock from C$0.55 to C$0.57 in a research report on Friday. Scotiabank lowered Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and upped their price objective for the company from C$0.50 to C$0.57 in a report on Friday. Finally, Raymond James lifted their target price on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a "market perform" rating in a report on Friday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

The company has a fifty day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.36. The company has a market capitalization of C$153.55 million, a P/E ratio of -18.50 and a beta of 1.28. 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.