Quisitive Technology Solutions (CVE:QUIS) Reaches New 12-Month High – Should You Buy?

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Ventum Financial downgraded shares of Quisitive Technology Solutions from a “buy” rating to a “tender” rating and boosted their price target for the stock from C$0.55 to C$0.57 in a report on Friday, January 3rd. Scotiabank downgraded shares of Quisitive Technology Solutions from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from C$0.50 to C$0.57 in a report on Friday, January 3rd. Finally, Raymond James boosted their price target on shares of Quisitive Technology Solutions from C$0.54 to C$0.57 and gave the stock a “market perform” rating in a report on Friday, January 3rd. Two research 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 has a consensus rating of “Moderate Buy” and an average target price of C$0.69.

Quisitive Technology Solutions Stock Performance

The firm has a market capitalization of C$154.94 million, a PE ratio of -18.67 and a beta of 1.28. 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 company’s fifty day simple moving average is C$0.46 and its 200 day simple moving average is C$0.40.

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.