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

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on QUIS. Cormark reduced their target price on shares of Quisitive Technology Solutions from C$0.90 to C$0.75 in a research note on Thursday, November 30th. Eight Capital reduced their target price on shares of Quisitive Technology Solutions from C$1.25 to C$1.00 in a research note on Thursday, November 30th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$0.88.

Quisitive Technology Solutions Stock Performance

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

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.