Quorum Information Technologies (CVE:QIS) Sets New 12-Month High at $0.81

Quorum Information Technologies Inc. (CVE:QIS) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.81 and last traded at C$0.80, with a volume of 64200 shares. The stock had previously closed at C$0.77.

Quorum Information Technologies Price Performance

The company has a current ratio of 2.07, a quick ratio of 2.13 and a debt-to-equity ratio of 47.80. The business has a fifty day simple moving average of C$0.73 and a 200 day simple moving average of C$0.70. The stock has a market capitalization of C$58.83 million, a P/E ratio of -64.00 and a beta of 0.13.

Quorum Information Technologies (CVE:QIS) last issued its quarterly earnings data on Wednesday, May 29th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$10.06 million during the quarter, compared to analyst estimates of C$10.00 million. Quorum Information Technologies had a return on equity of 0.87% and a net margin of 0.58%. On average, analysts expect that Quorum Information Technologies Inc. will post 0.030013 earnings per share for the current year.

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.