Quisitive Technology Solutions (CVE:QUIS) PT Lowered to C$1.50

Quisitive Technology Solutions (CVE:QUISGet Rating) had its price objective decreased by equities research analysts at Canaccord Genuity Group from C$1.75 to C$1.50 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s price target indicates a potential upside of 188.46% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Eight Capital decreased their price target on shares of Quisitive Technology Solutions from C$2.75 to C$1.75 in a report on Friday, August 19th. Cormark raised their price target on shares of Quisitive Technology Solutions from C$1.20 to C$1.40 in a report on Friday, August 19th. Finally, Scotiabank lifted their target price on shares of Quisitive Technology Solutions from C$2.20 to C$4.00 in a research note on Friday, August 19th.

Quisitive Technology Solutions Stock Performance

Shares of QUIS opened at C$0.52 on Wednesday. Quisitive Technology Solutions has a one year low of C$0.49 and a one year high of C$1.19. The company has a 50-day moving average of C$0.54 and a two-hundred day moving average of C$0.60. The stock has a market cap of C$185.94 million and a price-to-earnings ratio of -8.57. The company has a debt-to-equity ratio of 41.01, a current ratio of 0.99 and a quick ratio of 0.88.

Insider Buying and Selling

In related news, Senior Officer David Scott Meriwether bought 50,000 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The shares were acquired at an average price of C$0.60 per share, with a total value of C$30,005.40. Following the completion of the transaction, the insider now owns 150,000 shares of the company’s stock, valued at approximately C$90,016.20.

Quisitive Technology Solutions Company Profile

(Get Rating)

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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