Quisitive Technology Solutions (CVE:QUIS) Sets New 1-Year High – What’s Next?

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$0.57 and last traded at C$0.56, with a volume of 75556 shares traded. The stock had previously closed at C$0.56.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QUIS. Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and lifted their target price for the stock from C$0.55 to C$0.57 in a research report on Friday, January 3rd. Raymond James raised their price target on shares of 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. Finally, Scotiabank cut shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from C$0.50 to C$0.57 in a report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Quisitive Technology Solutions presently has an average rating of “Moderate Buy” and a consensus price target of C$0.69.

Quisitive Technology Solutions Stock Performance

The company has a debt-to-equity ratio of 34.66, a current ratio of 1.48 and a quick ratio of 0.88. The firm has a market capitalization of C$109.12 million, a price-to-earnings ratio of -2.88 and a beta of 1.28. The firm’s fifty day moving average is C$0.51 and its 200 day moving average is C$0.42.

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.