On Monday, Raymond James raised the price target for Quisitive Technology Solutions (CVE:QUIS) from C$0.43 to C$0.46 with a market perform rating on the stock. Meanwhile, Eight Capital lowered their price target on the company from C$1.00 to C$0.75 but maintained a buy rating on the stock.
Currently, two investment analysts have given a hold rating while five have given a buy rating to Quisitive Technology Solutions. According to MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of C$0.71. On Monday, CVE QUIS opened at C$0.35 and closed at C$0.36. The company has a debt-to-equity ratio of 59.47 and a market capitalization of C$96 million.
Quisitive Technology Solutions offers Microsoft solutions in North America and South Asia through its product suite that includes Microsoft Azure, Dynamics, 365, and more. The company’s stock has a beta of 1.34 and a price-to-earnings ratio of -8.75 with emPerform being an employee performance management solution and PayiQ being a cloud-based payment processing platform among its services offerings. The 50-day simple moving average is C$0
