Quarterhill Inc. (TSE:QTRH - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.46 and last traded at C$1.47, with a volume of 18750 shares. The stock had previously closed at C$1.49.
Wall Street Analyst Weigh In
Separately, CIBC lowered their price objective on shares of Quarterhill from C$2.30 to C$2.00 and set an "outperform" rating for the company in a research report on Tuesday, March 18th.
View Our Latest Stock Analysis on Quarterhill
Quarterhill Price Performance
The company has a market capitalization of C$117.96 million, a P/E ratio of -3.75, a PEG ratio of 0.46 and a beta of 0.66. The company has a quick ratio of 2.58, a current ratio of 1.31 and a debt-to-equity ratio of 47.89. The business has a 50 day simple moving average of C$1.59 and a 200-day simple moving average of C$1.63.
About Quarterhill
(
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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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