Quisitive Technology Solutions (CVE:QUIS) Trading 4.9% Higher

Quisitive Technology Solutions, Inc. (CVE:QUIS) rose 4.9% during mid-day trading on Wednesday . The company traded as high as C$0.34 and last traded at C$0.32. Approximately 104,180 shares traded hands during mid-day trading, a decline of 10% from the average daily volume of 115,863 shares. The stock had previously closed at C$0.31.

Wall Street Analysts Forecast Growth

QUIS has been the subject of several research analyst reports. Raymond James raised their price target 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. Eight Capital dropped their target price on Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating for the company in a research report on Thursday, March 28th. Finally, Desjardins reduced their price target on shares of Quisitive Technology Solutions from C$0.70 to C$0.60 and set a “buy” rating on the stock in a research report on Tuesday, May 28th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Quisitive Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of C$0.71.

Quisitive Technology Solutions Price Performance

The stock has a market capitalization of C$84.16 million, a price-to-earnings ratio of -7.38 and a beta of 1.34. The company has a current ratio of 1.29, a quick ratio of 0.88 and a debt-to-equity ratio of 59.47. The company’s 50 day moving average is C$0.34 and its 200 day moving average is C$0.31.

Insider Transactions at Quisitive Technology Solutions

In related news, Senior Officer David Scott Meriwether sold 80,986 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of C$0.34, for a total value of C$27,195.10. Insiders own 6.19% of the company’s stock.

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.