Quarterhill Inc. (OTCMKTS:QTRHF - Get Free Report) shares were down 3.8% on Monday . The company traded as low as $1.14 and last traded at $1.15. Approximately 5,351 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 27,927 shares. The stock had previously closed at $1.19.
Analysts Set New Price Targets
Separately, Cibc World Mkts upgraded shares of Quarterhill to a "strong-buy" rating in a research note on Monday, August 12th.
View Our Latest Stock Analysis on QTRHF
Quarterhill Trading Down 3.8 %
The business's 50 day moving average price is $1.22 and its two-hundred day moving average price is $1.23. The company has a current ratio of 1.48, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $132.47 million, a price-to-earnings ratio of -5.73 and a beta of 0.90.
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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