Quisitive Technology Solutions (CVE:QUIS) Stock Price Up 46.7% After Analyst Upgrade

Quisitive Technology Solutions, Inc. (CVE:QUIS) was 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. Approximately 8,653,851 shares changed hands during trading, an increase of 5,373% from the average daily volume of 158,129 shares. The stock had previously closed at C$0.38.

Separately, Ventum Financial cut shares of 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 report on Friday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Price Performance

The stock’s 50-day moving average price is C$0.37 and its 200 day moving average price is C$0.36. The company has a quick ratio of 0.88, a current ratio of 1.61 and a debt-to-equity ratio of 35.41. The firm has a market cap of C$153.55 million, a price-to-earnings ratio of -18.50 and a beta of 1.28.

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.