Quarterhill (TSE:QTRH) Sets New 1-Year Low - Time to Sell?

Key Points

• Quarterhill Inc. (TSE:QTRH) reached a new 52-week low at C$1.26 during trading, highlighting a significant downturn in its stock performance.
• The company has a market capitalization of C$104.85 million and a P/E ratio of -3.33, indicating challenging financial conditions.
• Quarterhill focuses on acquiring and managing companies in intelligent transportation systems and related licensing industries.

Quarterhill Inc. (TSE:QTRH - ) reached a new 52-week low during trading on Friday . The stock traded as low as C$1.26 and last traded at C$1.28, with a volume of 4968 shares trading hands. The stock had previously closed at C$1.28.

Quarterhill Price Performance

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 company has a market capitalization of C$104.85 million, a P/E ratio of -3.33, a PEG ratio of 0.46 and a beta of 0.66. The firm's 50 day moving average price is C$1.36 and its two-hundred day moving average price is C$1.46.

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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