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

Quisitive Technology Solutions (CVE:QUISGet Rating) had its price target lowered by research analysts at Scotiabank from C$2.60 to C$2.20 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Scotiabank’s price objective indicates a potential upside of 257.72% from the company’s current price.

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

Shares of QUIS traded up C$0.02 during mid-day trading 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 business’s 50-day simple moving average is C$0.82 and its 200-day simple moving average 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 1-year low of C$0.55 and a 1-year high of C$1.74. The stock has a market cap of C$219.13 million and a PE ratio of -8.38.

About Quisitive Technology Solutions (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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