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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 stock price hit a new 52-week low during trading on Tuesday . The stock 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 firm's 50-day moving average price is C$0.85 and its 200 day moving average price is C$0.92. The company has a market capitalization 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.

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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