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

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) have received a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$0.69.

Several analysts have commented on QUIS shares. Scotiabank lowered Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and raised their price objective for the company from C$0.50 to C$0.57 in a report on Friday, January 3rd. Ventum Financial lowered Quisitive Technology Solutions from a “buy” rating to a “tender” rating and raised their price objective for the company from C$0.55 to C$0.57 in a report on Friday, January 3rd. Finally, Raymond James raised their price objective on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a “market perform” rating in a report on Friday, January 3rd.

Quisitive Technology Solutions Stock Down 1.8 %

Quisitive Technology Solutions stock opened at C$0.56 on Friday. The firm has a market cap of C$109.12 million, a price-to-earnings ratio of -2.88 and a beta of 1.28. Quisitive Technology Solutions has a 52 week low of C$0.25 and a 52 week high of C$0.57. The business’s 50-day moving average price is C$0.51 and its 200 day moving average price is C$0.42. The company has a quick ratio of 0.88, a current ratio of 1.48 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.