Equities Analysts Offer Predictions for Quorum Information Technologies Inc’s Q2 2019 Earnings (CVE:QIS)

Equities Analysts Offer Predictions for Quorum Information Technologies Inc’s Q2 2019 Earnings (CVE:QIS)

Quorum Information Technologies Inc (CVE:QIS) – Beacon Securities increased their Q2 2019 EPS estimates for Quorum Information Technologies in a research note issued to investors on Monday, June 3rd, according to Zacks Investment Research. Beacon Securities analyst G. Leung now expects that the company will post earnings of $0.00 per share for the quarter, up from their previous forecast of ($0.01). Beacon Securities also issued estimates for Quorum Information Technologies’ Q3 2019 earnings at $0.00 EPS and FY2020 earnings at $0.00 EPS.

CVE:QIS traded down C$0.05 on Tuesday, hitting C$0.73. The stock had a trading volume of 25,450 shares, compared to its average volume of 30,537. The company’s fifty day moving average price is C$0.76. The company has a market cap of $45.66 million and a P/E ratio of -40.56. The company has a debt-to-equity ratio of 49.28, a quick ratio of 1.20 and a current ratio of 1.37. Quorum Information Technologies has a 52 week low of C$0.55 and a 52 week high of C$0.85.

Quorum Information Technologies Company Profile

Quorum Information Technologies Inc, an information technology company, focuses on the automotive retail business in Canada and the United States. It develops, markets, implements, and supports XSELLERATOR, a dealership and customer management system that automates, integrates, and streamlines various processes across departments in a dealership; and Autovance Desk, an automotive sales desking system.

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