Quisitive Technology Solutions (CVE:QUIS) Shares Up 2.6% - Still a Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) shares rose 2.6% during mid-day trading on Tuesday . The company traded as high as C$0.39 and last traded at C$0.39. Approximately 364,850 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 160,092 shares. The stock had previously closed at C$0.38.

Wall Street Analyst Weigh In

QUIS has been the subject of several analyst reports. Raymond James boosted their price target on Quisitive Technology Solutions from C$0.46 to C$0.54 in a research note on Thursday, August 22nd. Canaccord Genuity Group lifted their price objective on Quisitive Technology Solutions from C$0.75 to C$1.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. Finally, Desjardins upped their target price on shares of Quisitive Technology Solutions from C$0.60 to C$0.65 and gave the stock a "buy" rating in a report on Wednesday, August 21st.

Quisitive Technology Solutions Stock Down 1.3 %

The firm's 50-day simple moving average is C$0.39 and its 200 day simple moving average is C$0.35. 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 has a market cap of C$106.52 million, a P/E ratio of -12.67 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.