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Quarterhill (TSE:QTRH) Hits New 1-Year Low - What's Next?

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Quarterhill Inc. (TSE:QTRH - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$1.42 and last traded at C$1.45, with a volume of 17551 shares. The stock had previously closed at C$1.44.

Wall Street Analyst Weigh In

Separately, CIBC decreased their price objective on Quarterhill from C$2.30 to C$2.00 and set an "outperform" rating on the stock in a report on Tuesday, March 18th.

Read Our Latest Report on Quarterhill

Quarterhill Stock Performance

The firm's fifty day moving average is C$1.56 and its 200-day moving average is C$1.62. 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 stock has a market capitalization of C$113.05 million, a PE ratio of -3.59, a price-to-earnings-growth ratio of 0.46 and a beta of 0.66.

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.

See Also

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