Quorum Information Technologies (CVE:QIS) Stock Price Up 1.1% – Here’s Why

Quorum Information Technologies Inc. (CVE:QIS) shares shot up 1.1% during mid-day trading on Monday . The company traded as high as C$0.94 and last traded at C$0.94. 1,515 shares were traded during trading, a decline of 95% from the average session volume of 27,719 shares. The stock had previously closed at C$0.93.

Quorum Information Technologies Price Performance

The company has a quick ratio of 2.13, a current ratio of 2.12 and a debt-to-equity ratio of 41.17. The stock has a market capitalization of C$69.17 million, a PE ratio of 30.67 and a beta of 0.20. The stock’s 50 day moving average price is C$0.93 and its 200-day moving average price is C$0.89.

About Quorum Information Technologies

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.