Quisitive Technology Solutions (CVE:QUIS) Hits New 52-Week High – Here’s Why

Quisitive Technology Solutions, Inc. (CVE:QUIS) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.55, with a volume of 640979 shares trading hands. The stock had previously closed at C$0.56.

Wall Street Analyst Weigh In

Several brokerages have weighed in on QUIS. Scotiabank lowered shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and upped their target price for the stock from C$0.50 to C$0.57 in a research report on Friday, January 3rd. Raymond James upped their price target 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, January 3rd. Finally, Ventum Financial cut Quisitive Technology Solutions from a “buy” rating to a “tender” rating and lifted their price objective for the stock from C$0.55 to C$0.57 in a report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$0.69.

Quisitive Technology Solutions Stock Down 0.9 %

The company has a debt-to-equity ratio of 35.41, a current ratio of 1.61 and a quick ratio of 0.88. The firm’s 50-day moving average price is C$0.41 and its 200 day moving average price is C$0.38. The firm has a market capitalization of C$152.17 million, a price-to-earnings ratio of -18.33 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.