Shares of Quarterhill Inc. (TSE:QTRH - Get Free Report) dropped 1.8% on Wednesday . The company traded as low as C$1.61 and last traded at C$1.62. Approximately 129,477 shares changed hands during trading, an increase of 59% from the average daily volume of 81,387 shares. The stock had previously closed at C$1.65.
Quarterhill Price Performance
The company has a current ratio of 1.37, a quick ratio of 2.58 and a debt-to-equity ratio of 46.79. The business's fifty day moving average price is C$1.69 and its 200 day moving average price is C$1.69. The company has a market capitalization of C$186.88 million, a P/E ratio of -6.75, a P/E/G ratio of 0.46 and a beta of 0.66.
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.
Further Reading
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