Quorum Information Technologies (CVE:QIS) Stock Price Up 2.7% - Here's Why

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report) rose 2.7% during trading on Monday . The company traded as high as C$0.76 and last traded at C$0.76. Approximately 1,500 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 23,646 shares. The stock had previously closed at C$0.74.

Quorum Information Technologies Price Performance

The business's fifty day moving average is C$0.87 and its 200 day moving average is C$0.92. The firm has a market capitalization of C$55.93 million, a P/E ratio of 18.68 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

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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