Free Trial

Quorum Information Technologies (CVE:QIS) Trading Down 1.3% - Time to Sell?

Quorum Information Technologies logo with Computer and Technology background

Key Points

  • Quorum Information Technologies (CVE:QIS) stock price decreased by 1.3%, trading at C$0.78 on Monday with about 2,000 shares exchanged, marking a 93% drop in trading volume.
  • The company has a market capitalization of C$57.44 million, a PE ratio of 41.05, and a relatively low debt-to-equity ratio of 28.76, indicating stable financial health.
  • Quorum specializes in developing software products for the automotive retail business in Canada and the U.S., including systems like Quorum DMS and DealerMine.
  • Interested in Quorum Information Technologies? Here are five stocks we like better.

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report) dropped 1.3% during trading on Monday . The stock traded as low as C$0.78 and last traded at C$0.78. Approximately 2,000 shares were traded during trading, a decline of 93% from the average daily volume of 30,599 shares. The stock had previously closed at C$0.79.

Quorum Information Technologies Price Performance

The business's 50 day moving average is C$0.74 and its two-hundred day moving average is C$0.80. The firm has a market capitalization of C$57.44 million, a PE ratio of 41.05 and a beta of 0.96. The company has a debt-to-equity ratio of 28.76, a current ratio of 1.99 and a quick ratio of 2.13.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

Before you consider Quorum Information Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quorum Information Technologies wasn't on the list.

While Quorum Information Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.