Quarterhill (TSE:QTRH) Stock Price Down 1.1% – Here’s Why
by Teresa Graham · The Cerbat GemQuarterhill Inc. (TSE:QTRH – Get Free Report) dropped 1.1% during trading on Tuesday . The company traded as low as C$0.93 and last traded at C$0.93. Approximately 77,230 shares traded hands during trading, a decline of 22% from the average daily volume of 98,984 shares. The stock had previously closed at C$0.94.
Quarterhill Stock Up 2.2%
The company has a market capitalization of C$111.02 million, a PE ratio of -5.59, a P/E/G ratio of 0.46 and a beta of 0.76. The stock’s fifty day moving average is C$0.97 and its two-hundred day moving average is C$1.13. The company has a current ratio of 1.31, a quick ratio of 2.58 and a debt-to-equity ratio of 47.89.
Quarterhill (TSE:QTRH – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.04) EPS for the quarter. Quarterhill had a negative return on equity of 17.95% and a negative net margin of 15.57%.The company had revenue of C$55.34 million during the quarter. As a group, analysts predict that Quarterhill Inc. will post 0.0200567 EPS for the current year.
About Quarterhill
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. The company operates in two segments: Licensing, which includes companies that count licensing as their principal business activity; and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.