Raymond James Boosts Quisitive Technology Solutions (CVE:QUIS) Price Target to C$0.43

Quisitive Technology Solutions (CVE:QUIS) had its target price increased by investment analysts at Raymond James from C$0.40 to C$0.43 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. Raymond James’ price target points to a potential upside of 19.44% from the stock’s current price.

Separately, Eight Capital decreased their price objective on shares of Quisitive Technology Solutions from C$1.00 to C$0.75 and set a “buy” rating on the stock in a research report on Thursday, March 28th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$0.77.

Quisitive Technology Solutions Stock Performance

Shares of QUIS stock traded down C$0.02 during mid-day trading on Wednesday, reaching C$0.36. 73,122 shares of the company’s stock traded hands, compared to its average volume of 119,061. Quisitive Technology Solutions has a 12 month low of C$0.24 and a 12 month high of C$0.50. The firm has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of C$0.30. The firm has a market capitalization of C$145.69 million, a PE ratio of -9.00 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.

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.