Quisitive Technology Solutions (CVE:QUIS) PT Lowered to C$1.25

Quisitive Technology Solutions (CVE:QUIS – Get Rating) had its price target reduced by equities researchers at Canaccord Genuity Group from C$1.50 to C$1.25 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective indicates a potential upside of 155.10% from the company’s previous close.

Several other research firms have also weighed in on QUIS. Cormark reduced their target price on Quisitive Technology Solutions from C$1.20 to C$1.15 in a report on Wednesday. Scotiabank decreased their target price on shares of Quisitive Technology Solutions from C$1.50 to C$1.10 in a research note on Wednesday, April 5th.

Quisitive Technology Solutions Stock Performance

Quisitive Technology Solutions stock opened at C$0.49 on Wednesday. The company’s 50-day moving average is C$0.50 and its two-hundred day moving average is C$0.57. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 40.32. Quisitive Technology Solutions has a 1 year low of C$0.42 and a 1 year high of C$0.81. The company has a market cap of C$180.69 million, a PE ratio of -16.33 and a beta of 1.09.

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.