Quisitive Technology Solutions (CVE:QUIS) PT Lowered to C$1.75 at Canaccord Genuity Group

Quisitive Technology Solutions (CVE:QUIS – Get Rating) had its target price lowered by stock analysts at Canaccord Genuity Group from C$2.00 to C$1.75 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Canaccord Genuity Group’s price objective would suggest a potential upside of 184.55% from the company’s previous close.

Several other research firms also recently commented on QUIS. Scotiabank decreased their price objective on Quisitive Technology Solutions from C$2.60 to C$2.20 in a report on Thursday. Raymond James set a C$2.20 price target on Quisitive Technology Solutions and gave the company an “outperform” rating in a report on Thursday, April 21st.

Shares of QUIS traded up C$0.02 during trading hours on Thursday, hitting C$0.62. The company had a trading volume of 538,405 shares, compared to its average volume of 167,396. The firm has a market cap of C$219.13 million and a P/E ratio of -8.38. The stock’s 50 day moving average price is C$0.82 and its 200 day moving average price is C$0.93. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 41.63. Quisitive Technology Solutions has a 52-week low of C$0.55 and a 52-week high of C$1.74.

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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