Eight Capital Lowers Quisitive Technology Solutions (CVE:QUIS) Price Target to C$0.75

Quisitive Technology Solutions (CVE:QUIS) had its price target lowered by research analysts at Eight Capital from C$1.00 to C$0.75 in a report released on Thursday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Eight Capital’s price target suggests a potential upside of 127.27% from the stock’s previous close.

Separately, Cormark dropped their price target on shares of Quisitive Technology Solutions from C$0.90 to C$0.75 in a research report on Thursday, November 30th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Quisitive Technology Solutions has an average rating of “Moderate Buy” and an average target price of C$0.84.

Quisitive Technology Solutions Stock Up 17.9 %

Shares of CVE QUIS traded up C$0.05 during mid-day trading on Thursday, reaching C$0.33. 1,556,048 shares of the company traded hands, compared to its average volume of 113,709. The company’s fifty day moving average is C$0.27 and its two-hundred day moving average is C$0.29. Quisitive Technology Solutions has a fifty-two week low of C$0.24 and a fifty-two week high of C$0.59. The company has a debt-to-equity ratio of 36.13, a quick ratio of 0.88 and a current ratio of 0.37. The stock has a market cap of C$133.55 million, a PE ratio of -8.25 and a beta of 1.38.

Quisitive Technology Solutions Company Profile

Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America. It offers Microsoft cloud solutions, including Microsoft Azure, Microsoft Dynamics, and Microsoft 365; emPerform, an employee performance management solution; and PayiQ, a cloud-based payment processing and payments intelligence platform.