Quisitive Technology Solutions (CVE:QUIS) Price Target Raised to C$0.57 at Raymond James

Quisitive Technology Solutions (CVE:QUIS) had its price target boosted by Raymond James from C$0.54 to C$0.57 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James’ price target would suggest a potential upside of 2.70% from the company’s previous close.

Separately, Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and upped their price objective for the company from C$0.55 to C$0.57 in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Quisitive Technology Solutions presently has a consensus rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

Shares of QUIS traded up C$0.01 during trading hours on Friday, hitting C$0.56. The company had a trading volume of 414,100 shares, compared to its average volume of 4,529,725. Quisitive Technology Solutions has a 52-week low of C$0.25 and a 52-week high of C$0.56. The company has a quick ratio of 0.88, a current ratio of 1.61 and a debt-to-equity ratio of 35.41. The stock’s 50 day moving average price is C$0.37 and its 200 day moving average price is C$0.36. The firm has a market cap of C$153.55 million, a P/E ratio of -18.50 and a beta of 1.28.

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.