Scotiabank Trims Quisitive Technology Solutions (CVE:QUIS) Target Price to C$2.20

Quisitive Technology Solutions (CVE:QUIS – Get Rating) had its target price reduced by stock analysts at Scotiabank from C$2.60 to C$2.20 in a research note issued on Thursday, BayStreet.CA reports. Scotiabank’s price objective suggests a potential upside of 257.72% from the company’s previous close.

Separately, Raymond James set a C$2.20 price objective on Quisitive Technology Solutions and gave the stock an “outperform” rating in a report on Thursday, April 21st.

CVE QUIS traded up C$0.02 on Thursday, reaching C$0.62. The company’s stock had a trading volume of 538,405 shares, compared to its average volume of 167,396. Quisitive Technology Solutions has a twelve month low of C$0.55 and a twelve month high of C$1.74. The company has a debt-to-equity ratio of 41.63, a quick ratio of 0.80 and a current ratio of 0.90. The stock has a market cap of C$219.13 million and a PE ratio of -8.38. The firm’s 50 day moving average is C$0.82 and its two-hundred day 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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