Quisitive Technology Solutions, Inc. (CVE:QUIS) Receives C$0.73 Average Price Target from Analysts

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) have been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$0.68.

A number of research analysts have weighed in on the stock. Canaccord Genuity Group lifted their price target on shares of Quisitive Technology Solutions from C$0.75 to C$1.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Desjardins boosted their price objective on shares of Quisitive Technology Solutions from C$0.60 to C$0.65 and gave the company a “buy” rating in a research report on Wednesday, August 21st. Finally, Raymond James upped their target price on shares of Quisitive Technology Solutions from C$0.46 to C$0.54 in a research note on Thursday, August 22nd.

Quisitive Technology Solutions Trading Down 1.3 %

Shares of CVE QUIS opened at C$0.38 on Friday. Quisitive Technology Solutions has a twelve month low of C$0.24 and a twelve month high of C$0.42. The stock has a market cap of C$104.85 million, a price-to-earnings ratio of -12.67 and a beta of 1.29. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 55.85. The company’s fifty day moving average is C$0.32 and its 200-day moving average is C$0.32.

Insider Transactions at Quisitive Technology Solutions

In other Quisitive Technology Solutions news, Senior Officer David Scott Meriwether sold 80,986 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of C$0.34, for a total value of C$27,195.10. 14.45% of the stock is currently owned by corporate insiders.

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.