Quorum Information Technologies (QIS) Stock Price, News & Analysis

Company Overview

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. It offers technology solutions and services to traditional and electric vehicle dealerships, and original equipment manufacturers. The company is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$0.82 to C$0.85
• 50-Day Range: C$0.80 to C$0.93
• 52-Week Range: C$0.56 to C$0.97
• Volume: 35,321 shs
• Average Volume: 21,325 shs
• Market Capitalization: C$62.54 million
• P/E Ratio: 30.67
• Dividend Yield: 9.09%
• Price Target: C$1.00
• Consensus Rating: N/A

Quorum Information Technologies Stock Analysis - MarketRank™

Quorum Information Technologies scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Quorum Information Technologies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Quorum Information Technologies is 30.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Quorum Information Technologies is 30.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.54.

Price to Book Value per Share Ratio

Quorum Information Technologies has a P/B Ratio of 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for QIS.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Quorum Information Technologies is a leading dividend payer. It pays a dividend yield of 9.09%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Quorum Information Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for QIS.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.51

News Sentiment

Quorum Information Technologies has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Quorum Information Technologies this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Quorum Information Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.58% of the stock of Quorum Information Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.55% of the stock of Quorum Information Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

QIS Stock Analysis - Frequently Asked Questions

How have QIS shares performed this year?

Quorum Information Technologies' stock was trading at C$0.62 on January 1st, 2024. Since then, QIS stock has increased by 37.1% and is now trading at C$0.85.
View the best growth stocks for 2024 here.

How do I buy shares of Quorum Information Technologies?

Shares of QIS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Quorum Information Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Quorum Information Technologies investors own include Facedrive (FDVRF), Gatekeeper Systems (GSI), Avante (XX), Ackroo (AKR), BeWhere (BEW), BlueRush (BTV) and C-Com Satellite Systems (CMI).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Computer and Technology
• Industry: Software - Application
• Sub-Industry: N/A
• Current Symbol: CVE:QIS
• CUSIP: N/A
• CIK: N/A
• Web: www.quorumdms.com
• Phone: +1-403-7770036
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.00
• High Stock Price Target: C$1.00
• Low Stock Price Target: C$1.00
• Potential Upside/Downside: +17.6%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 30.67
• Forward P/E Ratio: 16.99
• P/E Growth: N/A
• Net Income: C$1.92 million
• Net Margins: 0.36%
• Pretax Margin: N/A
• Return on Equity: 0.53%
• Return on Assets: 3.84%

Debt

• Debt-to-Equity Ratio: 41.17
• Current Ratio: 2.12
• Quick Ratio: 2.13

Sales & Book Value

• Annual Sales: C$40.33 million
• Price / Sales: 1.55
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 12.39
• Book Value: C$0.39 per share
• Price / Book: 2.18

Miscellaneous

• Outstanding Shares: 73,580,000
• Free Float: N/A
• Market Cap: C$62.54 million
• Optionable: Not Optionable
• Beta: 0.20