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Quorum Information Technologies (CVE:QIS) Sets New 52-Week High - Here's What Happened

Quorum Information Technologies logo with Computer and Technology background
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Quorum Information Technologies Inc. (CVE:QIS - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as C$1.00 and last traded at C$1.00, with a volume of 17700 shares traded. The stock had previously closed at C$0.99.

Quorum Information Technologies Stock Up 1.0 %

The company has a debt-to-equity ratio of 28.76, a current ratio of 1.99 and a quick ratio of 2.13. The business has a 50 day simple moving average of C$0.95 and a 200 day simple moving average of C$0.91. The company has a market capitalization of C$73.59 million, a price-to-earnings ratio of 24.57 and a beta of 0.20.

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.

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