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

Quorum Information Technologies logo with Computer and Technology background

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

Quorum Information Technologies Trading Up 1.4%

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 firm has a market cap of C$55.19 million, a price-to-earnings ratio of 18.43 and a beta of 0.20. The business has a 50 day moving average price of C$0.85 and a 200-day moving average price of C$0.92.

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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