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Quarterhill (TSE:QTRH) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Quarterhill logo with Computer and Technology background
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Shares of Quarterhill Inc. (TSE:QTRH - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.64 and traded as low as C$1.53. Quarterhill shares last traded at C$1.53, with a volume of 23,206 shares trading hands.

Quarterhill Price Performance

The firm has a market cap of C$124.52 million, a price-to-earnings ratio of -3.96, a P/E/G ratio of 0.46 and a beta of 0.66. The company has a debt-to-equity ratio of 47.89, a quick ratio of 2.58 and a current ratio of 1.31. The business has a 50 day simple moving average of C$1.63 and a 200-day simple moving average of C$1.64.

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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