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Quorum Information Technologies (CVE:QIS) Trading Up 2.2% - Time to Buy?

Quorum Information Technologies logo with Computer and Technology background

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report) shares were up 2.2% on Tuesday . The company traded as high as C$0.94 and last traded at C$0.94. Approximately 37,500 shares traded hands during trading, an increase of 119% from the average daily volume of 17,154 shares. The stock had previously closed at C$0.92.

Quorum Information Technologies Stock Down 2.1 %

The company's fifty day simple moving average is C$0.96 and its 200 day simple moving average is C$0.92. 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 capitalization of C$67.71 million, a PE ratio of 22.61 and a beta of 0.20.

About Quorum Information Technologies

(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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Should You Invest $1,000 in Quorum Information Technologies Right Now?

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