Quisitive Technology Solutions, Inc. (CVE:QUIS) Receives C$0.71 Consensus Price Target from Brokerages

Quisitive Technology Solutions, Inc. (CVE:QUIS) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$0.71.

Several equities research analysts have recently issued reports on QUIS shares. Desjardins decreased their price objective on shares of Quisitive Technology Solutions from C$0.70 to C$0.60 and set a “buy” rating for the company in a research report on Tuesday, May 28th. Raymond James raised their target price on Quisitive Technology Solutions from C$0.43 to C$0.46 and gave the stock a “market perform” rating in a research report on Monday, May 27th. Finally, Eight Capital lowered their price target on Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating for the company in a report on Thursday, March 28th.

Quisitive Technology Solutions Stock Down 1.6 %

Shares of CVE:QUIS opened at C$0.31 on Tuesday. Quisitive Technology Solutions has a fifty-two week low of C$0.24 and a fifty-two week high of C$0.42. The firm’s 50 day moving average price is C$0.36 and its 200 day moving average price is C$0.31. The company has a quick ratio of 0.88, a current ratio of 1.29 and a debt-to-equity ratio of 59.47. The stock has a market cap of C$84.16 million, a price-to-earnings ratio of -7.63 and a beta of 1.34.

Insider Buying and Selling at Quisitive Technology Solutions

In other news, Senior Officer David Scott Meriwether sold 80,986 shares of Quisitive Technology Solutions stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of C$0.34, for a total value of C$27,195.10. 6.19% of the stock is owned by company insiders.

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.