Quorum Information Technologies (CVE:QIS - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 20th.
Quorum Information Technologies (CVE:QIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 21st. The company reported C$0.01 earnings per share for the quarter. Quorum Information Technologies had a return on equity of 0.53% and a net margin of 0.36%. The business had revenue of C$9.95 million for the quarter, compared to the consensus estimate of C$10.30 million.
Quorum Information Technologies Stock Up 1.2 %
Shares of QIS stock traded up C$0.01 on Wednesday, reaching C$0.84. 16,300 shares of the company's stock traded hands, compared to its average volume of 21,500. The business's 50 day moving average price is C$0.85 and its two-hundred day moving average price is C$0.82. The company has a debt-to-equity ratio of 41.17, a quick ratio of 2.13 and a current ratio of 2.12. Quorum Information Technologies has a 12-month low of C$0.56 and a 12-month high of C$0.97. The company has a market capitalization of C$61.81 million, a P/E ratio of 30.67 and a beta of 0.20.
Wall Street Analysts Forecast Growth
Separately, Cormark boosted their target price on Quorum Information Technologies from C$0.85 to C$1.00 in a research note on Friday, August 23rd.
Get Our Latest Report on Quorum Information Technologies
About Quorum Information Technologies
(
Get Free Report)
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.
Read More
Before you consider Quorum Information Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quorum Information Technologies wasn't on the list.
While Quorum Information Technologies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
