Brokerages Set Quisitive Technology Solutions, Inc. (CVE:QUIS) Price Target at C$0.74

Quisitive Technology Solutions, Inc. (CVE:QUIS) has received a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$0.69.

A number of research firms have weighed in on QUIS. Raymond James upped 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 report on Friday, January 3rd. Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and raised their target price for the company from C$0.55 to C$0.57 in a research report on Friday, January 3rd. Finally, Scotiabank cut shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from C$0.50 to C$0.57 in a research report on Friday, January 3rd.

Quisitive Technology Solutions Stock Performance

Shares of Quisitive Technology Solutions stock opened at C$0.56 on Friday. 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 firm has a market cap of C$154.94 million, a price-to-earnings ratio of -18.67 and a beta of 1.28. Quisitive Technology Solutions has a one year low of C$0.25 and a one year high of C$0.56. The stock’s 50-day moving average is C$0.39 and its 200-day moving average is C$0.36.

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.