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Quorum Information Technologies (CVE:QIS) Sets New 12-Month Low - What's Next?

Quorum Information Technologies logo with Computer and Technology background

Key Points

  • Quorum Information Technologies (CVE:QIS) has reached a new 52-week low, trading at C$0.70 with a volume of 48,507 shares.
  • The company's market capitalization is C$51.52 million, and it has a notable debt-to-equity ratio of 28.76.
  • Quorum specializes in software solutions for the automotive retail market, offering products such as Quorum DMS and Menu for dealership management and digital retailing.
  • Need better tools to track Quorum Information Technologies? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.70 and last traded at C$0.70, with a volume of 48507 shares. The stock had previously closed at C$0.73.

Quorum Information Technologies Stock Down 1.4%

The business has a 50-day moving average of C$0.76 and a 200-day moving average of C$0.88. The company has a debt-to-equity ratio of 28.76, a quick ratio of 2.13 and a current ratio of 1.99. The stock has a market capitalization of C$50.78 million, a price-to-earnings ratio of 16.96 and a beta of 0.20.

Quorum Information Technologies Company Profile

(Get Free Report)

Quorum Information Technologies Inc, an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace.

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