Quisitive Technology Solutions (CVE:QUIS) Stock Price Up 46.7% - Time to Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS - Get Free Report) traded up 46.7% during mid-day trading on Friday . The stock traded as high as C$0.56 and last traded at C$0.55. 8,653,851 shares changed 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 Analysts Forecast Growth

Several brokerages recently weighed in on QUIS. Ventum Financial lowered Quisitive Technology Solutions from a "buy" rating to a "tender" rating and increased their target price for the stock from C$0.55 to C$0.57 in a research report on Friday. Scotiabank downgraded Quisitive Technology Solutions from an "outperform" rating to a "sector perform" rating and raised their price objective for the stock from C$0.50 to C$0.57 in a report on Friday. Finally, Raymond James lifted their price target 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 report on Friday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Quisitive Technology Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target of C$0.69.

Quisitive Technology Solutions Price Performance

The company's 50 day moving average is C$0.37 and its 200-day moving average is C$0.36. The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 35.41. The stock has a market cap of C$153.55 million, a PE 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.