Joseph L. Campbell Sells 14,000 Shares of Quorum Information Technologies Inc (CVE:QIS) Stock

Quorum Information Technologies Inc (CVE:QIS) Director Joseph L. Campbell sold 14,000 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of C$1.01, for a total transaction of C$14,140.00. Following the completion of the sale, the director now directly owns 27,970 shares of the company’s stock, valued at approximately C$28,249.70.

Shares of CVE:QIS opened at C$0.92 on Thursday. The company has a quick ratio of 3.10, a current ratio of 3.28 and a debt-to-equity ratio of 42.52. Quorum Information Technologies Inc has a fifty-two week low of C$0.65 and a fifty-two week high of C$1.65. The firm has a 50-day simple moving average of C$0.98 and a 200 day simple moving average of C$1.08. The company has a market cap of $65.74 million and a PE ratio of -32.86.

Several equities research analysts have recently weighed in on the stock. Cormark boosted their target price on shares of Quorum Information Technologies from C$1.30 to C$1.50 in a research report on Tuesday, July 28th. Pi Financial boosted their target price on shares of Quorum Information Technologies from C$1.30 to C$1.70 and gave the stock a “buy” rating in a research report on Friday, August 21st.

About Quorum Information Technologies

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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