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Quorum Information Technologies (CVE:QIS) Stock Price Down 1.4% - Time to Sell?

Quorum Information Technologies logo with Computer and Technology background

Quorum Information Technologies Inc. (CVE:QIS - Get Free Report) fell 1.4% during mid-day trading on Wednesday . The stock traded as low as C$0.71 and last traded at C$0.71. 5,000 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 22,992 shares. The stock had previously closed at C$0.72.

Quorum Information Technologies Stock Down 1.4%

The company has a debt-to-equity ratio of 28.76, a quick ratio of 2.13 and a current ratio of 1.99. The company has a market capitalization of C$52.25 million, a price-to-earnings ratio of 17.45 and a beta of 0.20. The firm's 50-day simple moving average is C$0.80 and its 200-day simple moving average is C$0.90.

Quorum Information Technologies Company Profile

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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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