FY2024 Earnings Estimate for Quorum Information Technologies Inc. Issued By Cormark (CVE:QIS)

Quorum Information Technologies Inc. (CVE:QIS) – Equities research analysts at Cormark boosted their FY2024 EPS estimates for shares of Quorum Information Technologies in a research report issued to clients and investors 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 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 Trading Down 2.7 %

CVE:QIS opened at C$0.72 on Monday. The company has a market cap of C$52.92 million, a P/E ratio of -72.00 and a beta of 0.12. Quorum Information Technologies has a 1 year low of C$0.42 and a 1 year high of C$0.80. The company has a debt-to-equity ratio of 56.24, a current ratio of 2.39 and a quick ratio of 2.13. The stock’s fifty day moving average price is C$0.72 and its two-hundred day moving average price is C$0.66.

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. 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.