Quisitive Technology Solutions (CVE:QUIS) Stock Price Up 46.7% – Still a Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS) shares traded up 46.7% on Thursday . The company traded as high as C$0.56 and last traded at C$0.55. 8,653,851 shares changed hands during mid-day trading, an increase of 5,373% from the average session volume of 158,129 shares. The stock had previously closed at C$0.38.

Wall Street Analyst Weigh In

QUIS has been the topic of several recent analyst reports. Scotiabank lowered shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from C$0.50 to C$0.57 in a research note on Friday. Ventum Financial cut Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price objective for the company from C$0.55 to C$0.57 in a research report on Friday. Finally, Raymond James increased their target price on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the company a “market perform” rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$0.69.

Quisitive Technology Solutions Trading Up 0.9 %

The company has a market capitalization of C$153.55 million, a PE ratio of -18.50 and a beta of 1.28. The company has a 50 day simple moving average of C$0.37 and a 200 day simple moving average of C$0.36. The company has a debt-to-equity ratio of 35.41, a quick ratio of 0.88 and a current ratio of 1.61.

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.