Quorum Information Technologies (OTCMKTS:QIFTF) Shares Down 12% – What’s Next?

Shares of Quorum Information Technologies Inc. (OTCMKTS:QIFTFGet Free Report) were down 12% during trading on Thursday . The company traded as low as $0.5609 and last traded at $0.5609. Approximately 15,175 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 8,657 shares. The stock had previously closed at $0.6377.

Quorum Information Technologies Stock Performance

The business’s 50 day moving average price is $0.67 and its 200-day moving average price is $0.60.

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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