Quisitive Technology Solutions (CVE:QUIS) Trading Down 1.3%

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s share price was down 1.3% during mid-day trading on Thursday . The company traded as low as C$0.38 and last traded at C$0.40. Approximately 114,175 shares traded hands during trading, a decline of 10% from the average daily volume of 127,221 shares. The stock had previously closed at C$0.40.

Wall Street Analyst Weigh In

Separately, Eight Capital cut their price target on Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating on the stock in a report on Thursday, March 28th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$0.84.

Quisitive Technology Solutions Price Performance

The firm has a market capitalization of C$153.78 million, a PE ratio of -9.50 and a beta of 1.38. The business has a 50-day moving average of C$0.30 and a 200 day moving average of C$0.30. The company has a current ratio of 0.37, a quick ratio of 0.88 and a debt-to-equity ratio of 36.13.

About Quisitive Technology Solutions

Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America. It offers Microsoft cloud solutions, including Microsoft Azure, Microsoft Dynamics, and Microsoft 365; emPerform, an employee performance management solution; and PayiQ, a cloud-based payment processing and payments intelligence platform.