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
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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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