Quisitive Technology Solutions (CVE:QUIS) PT Set at C$2.20 by Raymond James

Quisitive Technology Solutions (CVE:QUIS – Get Rating) has been assigned a C$2.20 target price by stock analysts at Raymond James in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target would indicate a potential upside of 158.82% from the stock’s current price.

Shares of CVE QUIS opened at C$0.85 on Thursday. The stock has a market cap of C$302.87 million and a price-to-earnings ratio of -28.33. Quisitive Technology Solutions has a 52 week low of C$0.64 and a 52 week high of C$1.97. The company’s 50-day moving average price is C$0.86 and its 200 day moving average price is C$1.02. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 38.67.

In related news, Director Vijay Mukund Jog acquired 50,000 shares of the business’s stock in a transaction dated Monday, January 24th. The shares were acquired at an average cost of C$0.95 per share, for a total transaction of C$47,635.00. Following the acquisition, the director now directly owns 6,675,768 shares in the company, valued at approximately C$6,360,004.17.

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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