Quisitive Technology Solutions (CVE:QUIS) Hits New 52-Week High – What’s Next?

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s stock price hit a new 52-week high on Monday . The company traded as high as C$0.56 and last traded at C$0.56, with a volume of 321725 shares traded. The stock had previously closed at C$0.56.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on QUIS shares. Scotiabank lowered shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Raymond James upped their price target on shares of Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a research note on Friday, January 3rd. Finally, Ventum Financial lowered shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and upped their price target for the stock from C$0.55 to C$0.57 in a research note on Friday, January 3rd. 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Stock Performance

The firm has a market capitalization of C$154.94 million, a price-to-earnings ratio of -18.67 and a beta of 1.28. The firm’s 50 day moving average is C$0.40 and its 200 day moving average is C$0.37. The company has a quick ratio of 0.88, a current ratio of 1.61 and a debt-to-equity ratio of 35.41.

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.