Quorum Information Technologies (OTCMKTS:QIFTF) Shares Down 3.2% – Here’s Why

Shares of Quorum Information Technologies Inc. (OTCMKTS:QIFTFGet Free Report) were down 3.2% during mid-day trading on Tuesday . The stock traded as low as $0.60 and last traded at $0.60. Approximately 93,000 shares traded hands during trading, an increase of 628% from the average daily volume of 12,779 shares. The stock had previously closed at $0.62.

Quorum Information Technologies Price Performance

The stock has a fifty day moving average of $0.65 and a 200-day moving average of $0.59.

Quorum Information Technologies Company Profile

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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 software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace.

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