Quisitive Technology Solutions (CVE:QUIS) Sets New 52-Week High – Still a Buy?

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 85010 shares changing hands. The stock had previously closed at C$0.56.

Wall Street Analyst Weigh In

QUIS has been the subject of several research analyst reports. Raymond James lifted their price target on Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a research note on Friday, January 3rd. Scotiabank lowered Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and upped their target price for the stock from C$0.50 to C$0.57 in a research note on Friday, January 3rd. Finally, Ventum Financial lowered shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price objective for the stock from C$0.55 to C$0.57 in a report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Quisitive Technology Solutions currently has an average rating of “Moderate Buy” and a consensus target price of C$0.69.

Quisitive Technology Solutions Price Performance

The company has a debt-to-equity ratio of 35.41, a current ratio of 1.61 and a quick ratio of 0.88. The business’s 50 day moving average price is C$0.45 and its 200 day moving average price is C$0.39. The stock has a market capitalization of C$154.94 million, a P/E ratio of -18.67 and a beta of 1.28.

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.