Quisitive Technology Solutions (CVE:QUIS) Downgraded to “Sector Perform” Rating by Scotiabank

Scotiabank lowered shares of Quisitive Technology Solutions (CVE:QUIS) from an outperform rating to a sector perform rating in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has C$0.57 price target on the stock, up from their previous price target of C$0.50.

QUIS has been the topic of several other reports. 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. Raymond James boosted 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 research note on Friday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Price Performance

CVE QUIS opened at C$0.56 on Friday. The firm’s fifty day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.36. The firm has a market capitalization of C$153.55 million, a P/E ratio of -18.50 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. Quisitive Technology Solutions has a 12-month low of C$0.25 and a 12-month high of C$0.56.

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.