Quorum Information Technologies (CVE:QIS) Sets New 52-Week Low - Here's What Happened

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.72 and last traded at C$0.75, with a volume of 33000 shares changing hands. The stock had previously closed at C$0.74.

Quorum Information Technologies Stock Down 1.3%

The company has a market cap of C$54.46 million, a price-to-earnings ratio of 18.18 and a beta of 0.20. The company has a current ratio of 1.99, a quick ratio of 2.13 and a debt-to-equity ratio of 28.76. The business has a fifty day moving average price of C$0.85 and a two-hundred day moving average price of C$0.91.

Quorum Information Technologies Company Profile

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.