Quisitive Technology Solutions (CVE:QUIS) Sets New 12-Month High – Here’s What Happened

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 39305 shares trading hands. The stock had previously closed at C$0.56.

Analyst Ratings Changes

QUIS has been the subject of a number of recent research reports. Ventum Financial downgraded Quisitive Technology Solutions from a “buy” rating to a “tender” rating and increased their price objective for the company from C$0.55 to C$0.57 in a research report on Friday, January 3rd. Scotiabank lowered shares of 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 raised their price target on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Stock Performance

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 firm has a market capitalization of C$154.94 million, a price-to-earnings ratio of -18.67 and a beta of 1.28. The business has a 50-day moving average of C$0.48 and a two-hundred day moving average of C$0.41.

Quisitive Technology Solutions Company Profile

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.