Quarterhill (TSE:QTRH) Trading Down 0.9% - Should You Sell?

Key Points

• Quarterhill Inc. (TSE:QTRH) saw its share price decrease by 0.9%, trading at C$1.08 after reaching a low of C$1.07 during the day.
• The company has a market capitalization of C$126.21 million and a PE ratio of -6.35, indicating potential challenges in profitability.
• Quarterhill focuses on the acquisition and growth of companies in the intelligent transportation systems and licensing sectors, operating through two main segments.

Quarterhill Inc. (TSE:QTRH - )'s share price was down 0.9% during mid-day trading on Wednesday . The stock traded as low as C$1.07 and last traded at C$1.08. Approximately 70,422 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 89,402 shares. The stock had previously closed at C$1.09.

Quarterhill Price Performance

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 firm has a market capitalization of C$126.21 million, a PE ratio of -6.35, a PEG ratio of 0.46 and a beta of 0.76. The firm's fifty day simple moving average is C$1.14 and its 200-day simple moving average is C$1.30.

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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