Quarterhill (TSE:QTRH) Sets New 12-Month Low - Here's What Happened

Key Points

• Quarterhill Inc. shares reached a new 52-week low at C$1.11 during trading on Monday, down from a previous close of C$1.13.
• The company has a market capitalization of C$90.93 million and a P/E ratio of -2.89.
• Quarterhill focuses on the acquisition and management of companies in intelligent transportation systems and licensing industries.

Quarterhill Inc. (TSE:QTRH - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$1.11 and last traded at C$1.11, with a volume of 79650 shares changing hands. The stock had previously closed at C$1.13.

Quarterhill Stock Up 1.9%

The company's fifty day simple moving average is C$1.29 and its 200 day simple moving average is C$1.40. The company has a current ratio of 1.31, a quick ratio of 2.58 and a debt-to-equity ratio of 47.89. The firm has a market capitalization of C$126.21 million, a P/E ratio of -6.35, a price-to-earnings-growth ratio of 0.46 and a beta of 1.11.

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.