Quisitive Technology Solutions, Inc. (CVE:QUIS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Quisitive Technology Solutions, Inc. (CVE:QUIS) has been assigned a consensus rating of “Moderate Buy” from the five research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$0.69.

Several brokerages have recently issued reports on QUIS. Scotiabank cut 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. Raymond James lifted 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 cut shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price target for the stock from C$0.55 to C$0.57 in a report on Friday, January 3rd.

Quisitive Technology Solutions Price Performance

Shares of CVE QUIS opened at C$0.56 on Tuesday. Quisitive Technology Solutions has a 12-month low of C$0.25 and a 12-month high of C$0.56. The stock has a market cap of C$154.94 million, a P/E ratio of -18.67 and a beta of 1.28. 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 business’s fifty day simple moving average is C$0.43 and its 200-day simple moving average is C$0.39.

About Quisitive Technology Solutions

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.