Quisitive Technology Solutions (CVE:QUIS) Shares Up 2.6%

Shares of Quisitive Technology Solutions, Inc. (CVE:QUIS) traded up 2.6% during trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. 56,300 shares traded hands during trading, a decline of 60% from the average session volume of 142,378 shares. The stock had previously closed at C$0.38.

Analysts Set New Price Targets

A number of research firms have recently weighed in on QUIS. Desjardins upped their price objective on Quisitive Technology Solutions from C$0.60 to C$0.65 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Raymond James raised their target price on shares of Quisitive Technology Solutions from C$0.46 to C$0.54 in a research note on Thursday, August 22nd. Finally, Canaccord Genuity Group increased their price objective 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. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Quisitive Technology Solutions currently has an average rating of “Moderate Buy” and an average price target of C$0.73.

Quisitive Technology Solutions Stock Up 5.3 %

The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 55.85. The business’s 50 day simple moving average is C$0.31 and its 200 day simple moving average is C$0.32. The firm has a market capitalization of C$110.37 million, a PE ratio of -12.67 and a beta of 1.29.

Insider Activity

In related news, Senior Officer David Scott Meriwether sold 80,986 shares of the company’s stock in a transaction dated 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 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.