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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) shares traded down 1.4% on Wednesday . The company traded as low as C$0.71 and last traded at C$0.71. 5,000 shares changed hands during 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 quick ratio of 2.13, a current ratio of 1.99 and a debt-to-equity ratio of 28.76. The company has a market cap of C$52.25 million, a price-to-earnings ratio of 17.45 and a beta of 0.20. The stock has a fifty day moving average price of C$0.80 and a two-hundred day moving average price of C$0.90.

About Quorum Information Technologies

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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.

Further Reading

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