Brokers Set Expectations for Quorum Information Technologies Inc’s Q1 2019 Earnings (QIS)

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Quorum Information Technologies Inc (CVE:QIS) – Equities researchers at Beacon Securities issued their Q1 2019 EPS estimates for shares of Quorum Information Technologies in a note issued to investors on Tuesday, April 30th, according to Zacks Investment Research. Beacon Securities analyst G. Leung expects that the company will post earnings of ($0.01) per share for the quarter. Beacon Securities also issued estimates for Quorum Information Technologies’ Q2 2019 earnings at ($0.01) EPS, Q3 2019 earnings at ($0.01) EPS and Q4 2019 earnings at $0.00 EPS.

Shares of CVE:QIS traded down C$0.02 during mid-day trading on Thursday, reaching C$0.72. The stock had a trading volume of 17,500 shares, compared to its average volume of 33,713. The company has a market capitalization of $42.94 million and a price-to-earnings ratio of -55.38. The company has a debt-to-equity ratio of 36.93, a current ratio of 1.90 and a quick ratio of 1.67. Quorum Information Technologies has a twelve month low of C$0.49 and a twelve month high of C$0.82.

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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