Quisitive Technology Solutions (CVE:QUIS) Sets New 1-Year High – What’s Next?

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) 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 trading hands. The stock had previously closed at C$0.56.

Analyst Ratings Changes

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

Quisitive Technology Solutions Price Performance

The company has a 50-day moving average of C$0.39 and a two-hundred day moving average of C$0.37. 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 stock has a market capitalization of C$154.94 million, a PE ratio of -18.67 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.