Quisitive Technology Solutions (CVE:QUIS) Shares Up 14.3%

Quisitive Technology Solutions, Inc. (CVE:QUIS) shares rose 14.3% on Thursday . The stock traded as high as C$0.33 and last traded at C$0.32. Approximately 815,555 shares traded hands during trading, an increase of 716% from the average daily volume of 99,992 shares. The stock had previously closed at C$0.28.

Analysts Set New Price Targets

QUIS has been the subject of several research reports. Cormark decreased their price objective on shares of Quisitive Technology Solutions from C$0.90 to C$0.75 in a report on Thursday, November 30th. Eight Capital decreased their price objective on shares of Quisitive Technology Solutions from C$1.25 to C$1.00 in a report on Thursday, November 30th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$0.88.

Quisitive Technology Solutions Price Performance

The firm’s 50-day moving average is C$0.27 and its 200-day moving average is C$0.29. The company has a debt-to-equity ratio of 36.13, a current ratio of 0.37 and a quick ratio of 0.88. The company has a market capitalization of C$129.50 million, a P/E ratio of -7.00 and a beta of 1.38.

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.