Quisitive Technology Solutions (CVE:QUIS) Hits New 52-Week High – Here’s What Happened

Quisitive Technology Solutions, Inc. (CVE:QUIS) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.56 and last traded at C$0.55, with a volume of 25390 shares traded. The stock had previously closed at C$0.56.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Scotiabank downgraded Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Ventum Financial downgraded Quisitive Technology Solutions from a “buy” rating to a “tender” rating and increased their target price for the company from C$0.55 to C$0.57 in a research note on Friday, January 3rd. Finally, Raymond James boosted their price target 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. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Price Performance

The firm has a market cap of C$154.94 million, a price-to-earnings 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. The firm’s 50 day simple moving average is C$0.43 and its two-hundred day simple moving average is C$0.39.

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.