Quisitive Technology Solutions, Inc. (CVE:QUIS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Quisitive Technology Solutions, Inc. (CVE:QUIS) has been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$0.71.

Several analysts have weighed in on QUIS shares. Eight Capital dropped their price target on Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating on the stock in a research note on Thursday, March 28th. Raymond James boosted their price target on Quisitive Technology Solutions from C$0.43 to C$0.46 and gave the company a “market perform” rating in a research note on Monday, May 27th. Finally, Desjardins lowered their target price on Quisitive Technology Solutions from C$0.70 to C$0.60 and set a “buy” rating on the stock in a research note on Tuesday, May 28th.

Quisitive Technology Solutions Stock Down 6.1 %

Shares of QUIS stock opened at C$0.31 on Tuesday. Quisitive Technology Solutions has a 1-year low of C$0.24 and a 1-year high of C$0.42. The stock’s fifty day moving average price is C$0.36 and its 200 day moving average price is C$0.31. The company has a debt-to-equity ratio of 59.47, a current ratio of 1.29 and a quick ratio of 0.88. The company has a market cap of C$85.54 million, a price-to-earnings ratio of -7.75 and a beta of 1.34.

Insider Buying and Selling

In related news, Senior Officer David Scott Meriwether sold 80,986 shares of the stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of C$0.34, for a total value of C$27,195.10. 6.19% of the stock is currently 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.