Quisitive Technology Solutions (CVE:QUIS) Hits New 1-Year High – Here’s Why

Quisitive Technology Solutions, Inc. (CVE:QUIS)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44, with a volume of 63750 shares trading hands. The stock had previously closed at C$0.43.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Desjardins boosted their price objective on shares of 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 boosted their target price on shares of Quisitive Technology Solutions from C$0.46 to C$0.54 in a research report on Thursday, August 22nd. Finally, Canaccord Genuity Group raised their price target on Quisitive Technology Solutions from C$0.75 to C$1.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st.

Quisitive Technology Solutions Stock Performance

The company has a debt-to-equity ratio of 35.41, a quick ratio of 0.88 and a current ratio of 1.61. The firm has a market capitalization of C$121.73 million, a price-to-earnings ratio of -14.67 and a beta of 1.28. The firm’s 50-day moving average price is C$0.38 and its two-hundred day moving average price is C$0.35.

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.