Quisitive Technology Solutions (CVE:QUIS) Sets New 12-Month High – Here’s What Happened

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) hit a new 52-week high on Monday . The stock traded as high as C$0.56 and last traded at C$0.55, with a volume of 25390 shares changing hands. The stock had previously closed at C$0.56.

Analyst Ratings Changes

QUIS has been the subject of a number of recent analyst reports. Raymond James upped their price target on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a “market perform” rating in a research report on Friday, January 3rd. Ventum Financial cut shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and increased their price target for the company from C$0.55 to C$0.57 in a report on Friday, January 3rd. Finally, Scotiabank lowered Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$0.50 to C$0.57 in a research report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The firm’s 50-day simple moving average is C$0.44 and its 200-day simple moving average is C$0.39. The company has a market capitalization of C$154.94 million, a PE 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.

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.