Quandrant4 Systems Corp. (OTCMKTS:QFOR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Quadrant 4 Systems Corporation, formerly known as Zolon Corporation offers information technology solutions to its clients through consulting, software development & maintenance, cloud based products and technology from its global delivery centers. The company is focused on Financial Services, Health Care, Retail, Manufacturing and Telecommunication sectors with a broad spectrum of services and technology practices that include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java and Legacy platforms, BI/DW, testing, platform migration, web technologies and others. Quadrant 4 Systems Corporation is based in Rolling Meadows, Illinois. “

Shares of Quandrant4 Systems Corp. (OTCMKTS:QFOR) opened at 0.26 on Wednesday. Quandrant4 Systems Corp. has a 12 month low of $0.17 and a 12 month high of $0.49. The firm’s market capitalization is $27.82 million. The firm’s 50-day moving average price is $0.26 and its 200 day moving average price is $0.30.

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About Quandrant4 Systems Corp.

Quadrant 4 System Corporation (Quadrant 4) is engaged in providing cloud-based platform-as-a-service (PaaS) and software-as-a-service (SaaS) products to the health insurance, media and education verticals. The Company operates through two business segments: Services and Platforms (PaaS/SaaS). The Company’s core platforms include QHIX/QBIX, a cloud-based health insurance exchange and benefits management platform; QBLITZ, a cloud-based digital media platform, and QEDX, a cloud-based education platform for K-12 students each of which incorporates the Company’s Social Media, Mobility, Analytics and Cloud (SMAC) technologies.

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