Quarterhill (TSE:QTRH) Shares Down 0.9% - What's Next?

Key Points

• Quarterhill Inc. shares decreased by 0.9% during mid-day trading, reaching a last trading price of C$1.12, with trading volume increasing by 70% compared to the average.
• The company has a market cap of C$130.88 million and a debt-to-equity ratio of 47.89, indicating a moderate level of debt compared to equity.
• Quarterhill focuses on the acquisition and management of companies in the intelligent transportation systems and innovation sectors, operating through two segments: Licensing and Intelligent Transportation Systems.

Shares of Quarterhill Inc. (TSE:QTRH - ) fell 0.9% during mid-day trading on Wednesday . The company traded as low as C$1.12 and last traded at C$1.12. 145,281 shares changed hands during trading, an increase of 70% from the average session volume of 85,663 shares. The stock had previously closed at C$1.13.

Quarterhill Stock 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 business's 50 day moving average is C$1.21 and its two-hundred day moving average is C$1.35. The company has a market cap of C$130.88 million, a PE ratio of -6.59, a PEG ratio of 0.46 and a beta of 0.91.

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.

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