Quisitive Technology Solutions (CVE:QUIS) Price Target Lowered to C$1.70 at Raymond James

Quisitive Technology Solutions (CVE:QUISGet Rating) had its price target dropped by equities researchers at Raymond James from C$2.20 to C$1.70 in a note issued to investors on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James’ price objective would suggest a potential upside of 176.42% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. Canaccord Genuity Group lowered their target price on shares of Quisitive Technology Solutions from C$2.00 to C$1.75 in a research note on Thursday. Scotiabank dropped their target price on shares of Quisitive Technology Solutions from C$2.60 to C$2.20 in a research report on Thursday.

QUIS traded up C$0.02 during trading hours on Thursday, reaching C$0.62. 538,405 shares of the stock traded hands, compared to its average volume of 167,396. Quisitive Technology Solutions has a fifty-two week low of C$0.55 and a fifty-two week high of C$1.74. The company has a debt-to-equity ratio of 41.63, a current ratio of 0.90 and a quick ratio of 0.80. The company has a market cap of C$219.13 million and a price-to-earnings ratio of -8.38. The firm’s fifty day simple moving average is C$0.82 and its two-hundred day simple moving average is C$0.93.

Quisitive Technology Solutions Company Profile (Get Rating)

Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America. The company 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, Microsoft cloud-based payment processing and data insights product platform, as well as business solutions from other technology partners that are related to the Microsoft platform.

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