Quorum Information Technologies (CVE:QIS) Reaches New 52-Week High – What’s Next?

Quorum Information Technologies Inc. (CVE:QISGet Free Report) 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 changing hands. The stock had previously closed at C$0.99.

Quorum Information Technologies Price Performance

The company’s fifty day moving average price is C$0.95 and its 200 day moving average price is C$0.91. 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 firm has a market capitalization of C$73.59 million, a price-to-earnings ratio of 24.57 and a beta of 0.20.

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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