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Quorum Information Technologies (CVE:QIS) Reaches New 12-Month Low - Here's What Happened

Quorum Information Technologies logo with Computer and Technology background

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.71 and last traded at C$0.71, with a volume of 28000 shares trading hands. The stock had previously closed at C$0.72.

Quorum Information Technologies Stock Performance

The business has a 50 day moving average of C$0.80 and a 200 day moving average of C$0.89. The company has a market capitalization of C$53.72 million, a P/E ratio of 17.94 and a beta of 0.20. The company has a quick ratio of 2.13, a current ratio of 1.99 and a debt-to-equity ratio of 28.76.

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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