Wi-LAN Inc (OTCMKTS:QTRHF - Get Free Report)'s stock price traded up 1.6% during trading on Wednesday . The stock traded as high as $1.14 and last traded at $1.14. 2,200 shares were traded during mid-day trading, a decline of 76% from the average session volume of 9,201 shares. The stock had previously closed at $1.1220.
Wi-LAN Stock Performance
The stock has a market cap of $135.66 million, a PE ratio of -2.48 and a beta of 1.04. The company has a quick ratio of 0.87, a current ratio of 0.96 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average of $0.91 and a 200 day moving average of $0.77.
Wi-LAN (OTCMKTS:QTRHF - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.29) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.27). Wi-LAN had a negative return on equity of 49.13% and a negative net margin of 35.06%.The company had revenue of $38.46 million for the quarter, compared to analysts' expectations of $39.65 million.
About Wi-LAN
(
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Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.
Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.
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