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1 Comment
Quorum Information Technologies Inc is currently in a long term downtrend where the price is trading 6.9% below its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 2.7.
Quorum Information Technologies Inc's total revenue sank by 5.7% to $8M since the same quarter in the previous year.
Its net income has dropped by 157.7% to $-358K since the same quarter in the previous year.
Finally, its free cash flow grew by 2591.1% to $1M since the same quarter in the previous year.
Based on the above factors, Quorum Information Technologies Inc gets an overall score of 2/5.
Exchange | V |
---|---|
CurrencyCode | CAD |
ISIN | CA7490931002 |
Sector | Technology |
Industry | Software - Application |
Beta | 0.18 |
---|---|
Market Cap | 71M |
PE Ratio | 48.5 |
Target Price | 1 |
Dividend Yield | None |
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company operates through three segments: Software as a Service, Business Development Centre, and Services and one-time. It 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.
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