Quarterhill Inc. (OTCMKTS:QTRHF - Get Free Report)'s share price traded down 0.6% during trading on Friday . The company traded as low as $1.13 and last traded at $1.28. 7,500 shares were traded during trading, a decline of 75% from the average session volume of 30,439 shares. The stock had previously closed at $1.29.
Wall Street Analysts Forecast Growth
Separately, Cibc World Mkts raised Quarterhill to a "strong-buy" rating in a research note on Monday, August 12th.
View Our Latest Analysis on Quarterhill
Quarterhill Price Performance
The company has a market cap of $147.55 million, a P/E ratio of -3.66 and a beta of 0.89. The firm's 50-day moving average is $1.22 and its two-hundred day moving average is $1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.48 and a quick ratio of 1.31.
Quarterhill (OTCMKTS:QTRHF - Get Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.03) earnings per share for the quarter. Quarterhill had a negative return on equity of 13.27% and a negative net margin of 13.13%. The business had revenue of $41.51 million during the quarter.
Quarterhill Company Profile
(
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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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