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Quarterhill (OTCMKTS:QTRHF) Trading 7.4% Higher - Still a Buy?

Quarterhill logo with Business Services background

Quarterhill Inc. (OTCMKTS:QTRHF - Get Free Report) shares traded up 7.4% during trading on Wednesday . The company traded as high as $1.16 and last traded at $1.16. 11,600 shares changed hands during trading, an increase of 4% from the average session volume of 11,144 shares. The stock had previously closed at $1.08.

Quarterhill Price Performance

The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $134.31 million, a P/E ratio of -3.31 and a beta of 0.91. The business has a 50 day simple moving average of $1.13 and a 200-day simple moving average of $1.18.

Quarterhill (OTCMKTS:QTRHF - Get Free Report) last released its quarterly earnings results on Friday, November 8th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $38.02 million for the quarter. Quarterhill had a negative return on equity of 13.27% and a negative net margin of 13.13%.

Quarterhill Company Profile

(Get Free Report)

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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