Desjardins Raises Quisitive Technology Solutions (CVE:QUIS) Price Target to C$0.65

Quisitive Technology Solutions (CVE:QUIS) had its target price boosted by Desjardins from C$0.60 to C$0.65 in a report published on Wednesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities analysts have also commented on QUIS. Canaccord Genuity Group boosted 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 research report on Wednesday. Raymond James raised their price target on shares of Quisitive Technology Solutions from C$0.43 to C$0.46 and gave the company a market perform rating in a report on Monday, May 27th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of C$0.73.

Quisitive Technology Solutions Price Performance

CVE:QUIS opened at C$0.40 on Wednesday. The firm has a market cap of C$108.99 million, a PE ratio of -13.17 and a beta of 1.29. Quisitive Technology Solutions has a 12 month low of C$0.24 and a 12 month high of C$0.42. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 55.85. The company’s 50-day moving average price is C$0.31 and its two-hundred day moving average price is C$0.32.

Insiders Place Their Bets

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

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.