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

Quisitive Technology Solutions, Inc. (CVE:QUIS) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.55, with a volume of 640979 shares changing hands. The stock had previously closed at C$0.56.

Analyst Ratings Changes

QUIS has been the subject of several recent research reports. Scotiabank downgraded shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Ventum Financial cut 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 report on Friday, January 3rd. Finally, Raymond James raised 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 report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Quisitive Technology Solutions currently has an average rating of “Moderate Buy” and an average price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The firm’s 50-day simple moving average is C$0.41 and its 200-day simple moving average is C$0.38. The firm 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 quick ratio of 0.88, a current ratio of 1.61 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.