Quarterhill (TSE:QTRH) Reaches New 1-Year Low - What's Next?

Key Points

• Quarterhill Inc. shares hit a new **52-week low** at C$1.05, closing at C$1.08 with a trading volume of 40,842 shares.
• The company's **market capitalization** stands at C$125.04 million, with a **PE ratio** of -6.29 and a **debt-to-equity ratio** of 47.89.
• Quarterhill operates in the **intelligent transportation systems** and licensing sectors, focusing on acquisition and growth of related companies.

Shares of Quarterhill Inc. (TSE:QTRH - ) reached a new 52-week low during trading on Friday . The company traded as low as C$1.05 and last traded at C$1.08, with a volume of 40842 shares changing hands. The stock had previously closed at C$1.10.

Quarterhill Stock Down 2.7%

The company has a quick ratio of 2.58, a current ratio of 1.31 and a debt-to-equity ratio of 47.89. The company has a market capitalization of C$125.04 million, a PE ratio of -6.29, a price-to-earnings-growth ratio of 0.46 and a beta of 0.91. The business's 50 day simple moving average is C$1.21 and its 200 day simple moving average is C$1.35.

Quarterhill Company Profile

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.

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