Quorum Information Technologies (CVE:QIS) Hits New 52-Week High – Here’s Why

Quorum Information Technologies Inc. (CVE:QIS) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$1.00 and last traded at C$1.00, with a volume of 17700 shares. The stock had previously closed at C$0.99.

Quorum Information Technologies Stock Up 1.0 %

The firm’s fifty day simple moving average is C$0.95 and its 200 day simple moving average is C$0.91. The company has a market cap of C$73.59 million, a price-to-earnings ratio of 24.57 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.