Saturday, May 27

Quisitive Technology Solutions (CVE:QUIS) PT Lowered to C$1.75

Quisitive Technology Solutions (CVE:QUIS – Get Rating) had its price objective lowered by Eight Capital from C$2.75 to C$1.75 in a research report issued on Friday, BayStreet.CA reports. Eight Capital’s price objective would suggest a potential upside of 153.62% from the stock’s current price.

A number of other equities research analysts have also weighed in on QUIS. Cormark set a C$1.20 target price on shares of Quisitive Technology Solutions and gave the stock a “buy” rating in a report on Wednesday, July 27th. Scotiabank boosted their price objective on shares of Quisitive Technology Solutions from C$2.20 to C$4.00 in a research note on Friday. Canaccord Genuity Group lowered their target price on Quisitive Technology Solutions from C$2.00 to C$1.75 in a research report on Thursday, May 26th. Finally, Raymond James reduced their price target on Quisitive Technology Solutions from C$2.20 to C$1.70 and set an “outperform” rating on the stock in a research report on Thursday, May 26th.

Quisitive Technology Solutions Stock Performance

CVE:QUIS opened at C$0.69 on Friday. The stock’s 50-day moving average is C$0.61 and its 200-day moving average is C$0.73. The stock has a market cap of C$246.19 million and a P/E ratio of -10.95. Quisitive Technology Solutions has a 1-year low of C$0.52 and a 1-year high of C$1.50. The company has a current ratio of 0.89, a quick ratio of 0.78 and a debt-to-equity ratio of 40.70.

About Quisitive Technology Solutions

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Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America. It offers Microsoft cloud solutions, including Microsoft Azure, Microsoft Dynamics business applications, and Microsoft O365; CRG emPerform, an employee performance management software for small and medium sized business; and LedgerPay, a payment processing platform, as well as business solutions from other technology partners that are related to the Microsoft platform.

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