Quisitive Technology Solutions (CVE:QUIS) Stock Price Expected to Rise, Raymond James Analyst Says

Quisitive Technology Solutions (CVE:QUIS) had its price target raised by Raymond James from C$0.54 to C$0.57 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James’ price target would indicate a potential upside of 2.70% from the company’s current price.

Separately, Ventum Financial downgraded Quisitive Technology Solutions from a “buy” rating to a “tender” rating and raised their price target for the stock from C$0.55 to C$0.57 in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Quisitive Technology Solutions has an average rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

CVE QUIS opened at C$0.56 on Friday. Quisitive Technology Solutions has a 12 month low of C$0.25 and a 12 month high of C$0.56. The stock’s fifty day moving average price is C$0.37 and its 200-day moving average price is C$0.36. The stock has a market cap of C$153.55 million, a P/E ratio of -18.50 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.

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.