Quisitive Technology Solutions, Inc. (CVE:QUIS) Given Average Recommendation of “Moderate Buy” by Brokerages

Quisitive Technology Solutions, Inc. (CVE:QUIS) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$0.69.

QUIS has been the topic of a number of recent research reports. Ventum Financial lowered shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and lifted their price objective for the company from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Scotiabank downgraded Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Finally, Raymond James lifted their target price on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a “market perform” rating in a research note on Friday, January 3rd.

Quisitive Technology Solutions Stock Performance

Shares of QUIS opened at C$0.56 on Tuesday. The company’s 50 day simple moving average is C$0.43 and its 200-day simple moving average is C$0.39. Quisitive Technology Solutions has a 12-month low of C$0.25 and a 12-month high of C$0.56. The firm has a market cap of C$154.94 million, a PE ratio of -18.67 and a beta of 1.28. The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 35.41.

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.