According to Zacks, “Quarterhill Inc. is a diversified investment holding company. It focused on growing its business by acquiring technology companies in the Industrial Internet of Things segment across multiple verticals. The company’s products and services capture, analyze and interpret data. Quarterhill Inc, formerly known as Wi-LAN Inc, is based in Ottawa, Canada. “
QTRH opened at $1.23 on Thursday. The firm has a fifty day moving average of $1.10. Quarterhill has a 1-year low of $0.86 and a 1-year high of $1.55. The company has a quick ratio of 2.79, a current ratio of 2.96 and a debt-to-equity ratio of 0.01.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 5th. Stockholders of record on Friday, June 14th were issued a dividend of $0.0093 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend was Thursday, June 13th. Quarterhill’s dividend payout ratio is currently -16.67%.
An institutional investor recently bought a new position in Quarterhill stock. Fairfax Financial Holdings Ltd Can acquired a new stake in shares of Quarterhill Inc (NASDAQ:QTRH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 800,000 shares of the company’s stock, valued at approximately $779,000. Fairfax Financial Holdings Ltd Can owned about 0.67% of Quarterhill at the end of the most recent reporting period. Institutional investors and hedge funds own 10.08% of the company’s stock.
Quarterhill Company Profile
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Licensing segment includes patents relating to 3D television, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, enhanced image processing, streaming video, non-volatile flash and other memory, semiconductor clocking, LED lighting, and various other technologies; automotive headlight assemblies, phased loop semiconductor licensing, microcontrollers applicable to safety-critical aerospace, computer gaming, CMOS image sensors, building automation, and smart meter monitoring; and medical, industrial, and automotive applications.
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