Wi-LAN (OTCMKTS:QTRHF) Trading Up 2.8% - Still a Buy?

Wi-LAN Inc (OTCMKTS:QTRHF - Get Free Report) shares were up 2.8% during mid-day trading on Monday . The stock traded as high as $1.03 and last traded at $1.03. Approximately 7,600 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 36,055 shares. The stock had previously closed at $1.00.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on QTRHF shares. Raymond James Financial reiterated an "outperform" rating on shares of Wi-LAN in a research note on Friday, May 16th. Cormark upgraded shares of Wi-LAN to a "moderate buy" rating in a research report on Thursday, March 13th.

Wi-LAN Price Performance

The firm has a market cap of $119.44 million, a PE ratio of -7.34 and a beta of 0.84. The stock's fifty day moving average price is $1.03 and its 200-day moving average price is $1.06. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.30 and a quick ratio of 1.16.

Wi-LAN (OTCMKTS:QTRHF - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). Wi-LAN had a negative return on equity of 11.55% and a negative net margin of 9.96%. The business had revenue of $33.89 million for the quarter, compared to analysts' expectations of $51.91 million.

Wi-LAN Company Profile

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.

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