FY2024 EPS Estimates for Quorum Information Technologies Inc. (CVE:QIS) Increased by Cormark

Quorum Information Technologies Inc. (CVE:QIS) – Stock analysts at Cormark increased their FY2024 earnings per share estimates for shares of Quorum Information Technologies in a report issued on Friday, April 26th. Cormark analyst G. Fairweather now anticipates that the company will post earnings per share of $0.03 for the year, up from their prior estimate of $0.02. The consensus estimate for Quorum Information Technologies’ current full-year earnings is $0.02 per share. Cormark also issued estimates for Quorum Information Technologies’ FY2025 earnings at $0.05 EPS.

Quorum Information Technologies Stock Performance

QIS stock opened at C$0.72 on Monday. Quorum Information Technologies has a twelve month low of C$0.42 and a twelve month high of C$0.80. The firm has a market cap of C$52.92 million, a price-to-earnings ratio of -72.00 and a beta of 0.12. The business’s fifty day simple moving average is C$0.72 and its two-hundred day simple moving average is C$0.66. The company has a quick ratio of 2.13, a current ratio of 2.39 and a debt-to-equity ratio of 56.24.

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 XSellerator, a dealership management system that automates, integrates, and streamlines processes across departments in a dealership; and DealerMine CRM, a sales and service customer relationship management system, as well as a set of business development center services.