Quarterhill (TSE:QTRH) Reaches New 1-Year Low – Here’s What Happened

Quarterhill Inc. (TSE:QTRH) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.90 and last traded at C$0.92, with a volume of 166684 shares changing hands. The stock had previously closed at C$0.89.

Quarterhill Stock Performance

The company has a market cap of C$114.75 million, a PE ratio of -5.76, a PEG ratio of 0.46 and a beta of 0.76. 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$1.00 and its two-hundred day moving average is C$1.18.

Quarterhill (TSE:QTRH) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$55.34 million for the quarter. Quarterhill had a negative net margin of 15.57% and a negative return on equity of 17.95%. On average, equities research analysts anticipate that Quarterhill Inc. will post 0.0200567 EPS for the current year.

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.