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

Quisitive Technology Solutions, Inc. (CVE:QUIS) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$0.69.

QUIS has been the subject of several analyst reports. Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their target price for the company from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Raymond James boosted their target price on shares of 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. Finally, Scotiabank downgraded shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from C$0.50 to C$0.57 in a research note on Friday, January 3rd.

Quisitive Technology Solutions Trading Up 1.8 %

Shares of QUIS stock opened at C$0.57 on Friday. The firm has a 50-day moving average price of C$0.53 and a 200 day moving average price of C$0.43. Quisitive Technology Solutions has a twelve month low of C$0.25 and a twelve month high of C$0.57. The company has a market capitalization of C$111.07 million, a price-to-earnings ratio of -2.93 and a beta of 1.28. The company has a current ratio of 1.48, a quick ratio of 0.88 and a debt-to-equity ratio of 34.66.

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.