Quisitive Technology Solutions, Inc. (CVE:QUIS) Receives C$0.73 Average Price Target from Brokerages

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$0.68.

Several brokerages recently issued reports on QUIS. Canaccord Genuity Group lifted their price target on shares of Quisitive Technology Solutions from C$0.75 to C$1.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Raymond James raised their price target on Quisitive Technology Solutions from C$0.46 to C$0.54 in a report on Thursday, August 22nd. Finally, Desjardins upped their target price on shares of Quisitive Technology Solutions from C$0.60 to C$0.65 and gave the company a “buy” rating in a research report on Wednesday, August 21st.

Insider Buying and Selling at Quisitive Technology Solutions

In other Quisitive Technology Solutions news, Senior Officer David Scott Meriwether sold 80,986 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of C$0.34, for a total transaction of C$27,195.10. Corporate insiders own 14.45% of the company’s stock.

Quisitive Technology Solutions Stock Performance

Shares of CVE QUIS opened at C$0.39 on Friday. The business has a fifty day simple moving average of C$0.32 and a 200 day simple moving average of C$0.32. The firm has a market capitalization of C$106.23 million, a price-to-earnings ratio of -12.83 and a beta of 1.29. Quisitive Technology Solutions has a one year low of C$0.24 and a one year high of C$0.42. The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 55.85.

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.