Quisitive Technology Solutions (CVE:QUIS) Cut to “Sector Perform” at Scotiabank

Scotiabank downgraded shares of Quisitive Technology Solutions (CVE:QUIS) from an outperform rating to a sector perform rating in a research report report published on Friday morning,BayStreet.CA reports. Scotiabank currently has C$0.57 target price on the stock, up from their prior target price of C$0.50.

QUIS has been the subject of several other research reports. Ventum Financial cut Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price target for the stock from C$0.55 to C$0.57 in a research note on Friday. Raymond James boosted their target price 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. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

Quisitive Technology Solutions stock opened at C$0.56 on Friday. Quisitive Technology Solutions has a 12 month low of C$0.25 and a 12 month high of C$0.56. The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 35.41. The business’s fifty day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.36. The company has a market capitalization of C$153.55 million, a price-to-earnings 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.