Quisitive Technology Solutions (CVE:QUIS) Shares Up 46.7% Following Analyst Upgrade

Quisitive Technology Solutions, Inc. (CVE:QUIS) shares traded up 46.7% on Friday after Raymond James raised their price target on the stock from C$0.54 to C$0.57. Raymond James currently has a market perform rating on the stock. Quisitive Technology Solutions traded as high as C$0.56 and last traded at C$0.55. 8,653,851 shares changed hands during trading, an increase of 5,373% from the average session volume of 158,129 shares. The stock had previously closed at C$0.38.

Separately, Ventum Financial downgraded Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price target for the company from C$0.55 to C$0.57 in a report on Friday. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Quisitive Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

The company’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.36. The firm has a market capitalization of C$153.55 million, a PE ratio of -18.50 and a beta of 1.28. The company has a debt-to-equity ratio of 35.41, a current ratio of 1.61 and a quick ratio of 0.88.

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.