Quisitive Technology Solutions (CVE:QUIS) Sets New 52-Week High – Should You Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 39305 shares traded. The stock had previously closed at C$0.56.

Analyst Upgrades and Downgrades

QUIS has been the topic of a number of research analyst reports. Ventum Financial lowered shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and increased their price objective for the stock from C$0.55 to C$0.57 in a report on Friday, January 3rd. Scotiabank lowered Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from C$0.50 to C$0.57 in a research report on Friday, January 3rd. Finally, Raymond James lifted their target price on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a “market perform” rating 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The business’s 50 day simple moving average is C$0.48 and its 200-day simple moving average is C$0.41. 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 P/E 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.