Brokers Issue Forecasts for Quorum Information Technologies Inc.’s FY2024 Earnings (CVE:QIS)

Quorum Information Technologies Inc. (CVE:QIS) – Research analysts at Cormark increased their FY2024 EPS estimates for Quorum Information Technologies in a report released on Friday, April 26th. Cormark analyst G. Fairweather now expects that the company will post earnings of $0.03 per share for the year, up from their previous 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

Shares of QIS stock opened at C$0.75 on Monday. The firm has a market cap of C$55.13 million, a price-to-earnings ratio of -75.00 and a beta of 0.12. The company has a debt-to-equity ratio of 56.24, a quick ratio of 2.13 and a current ratio of 2.39. Quorum Information Technologies has a 52 week low of C$0.42 and a 52 week high of C$0.80. The firm’s 50-day simple moving average is C$0.72 and its two-hundred day simple moving average is C$0.66.

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.