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Quorum Information Technologies (CVE:QIS) Sets New 1-Year Low - Here's What Happened

Quorum Information Technologies logo with Computer and Technology background

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report)'s stock price reached a new 52-week low on Thursday . The stock traded as low as C$0.75 and last traded at C$0.74, with a volume of 53525 shares traded. The stock had previously closed at C$0.76.

Quorum Information Technologies Price Performance

The stock's 50 day moving average price is C$0.88 and its 200-day moving average price is C$0.93. The company has a quick ratio of 2.13, a current ratio of 1.99 and a debt-to-equity ratio of 28.76. The stock has a market capitalization of C$54.46 million, a PE ratio of 18.18 and a beta of 0.20.

Quorum Information Technologies Company Profile

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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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