Quarterhill (TSE:QTRH) Sets New 52-Week Low – Here’s Why

Quarterhill Inc. (TSE:QTRHGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$1.02 and last traded at C$1.02, with a volume of 58821 shares trading hands. The stock had previously closed at C$1.05.

Quarterhill Price Performance

The stock has a market cap of C$120.37 million, a P/E ratio of -6.06, a PEG ratio of 0.46 and a beta of 0.76. The company has a 50 day simple moving average of C$1.10 and a 200 day simple moving average of C$1.27. The company has a current ratio of 1.31, a quick ratio of 2.58 and a debt-to-equity ratio of 47.89.

About Quarterhill

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Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. The company operates in two segments: Licensing, which includes companies that count licensing as their principal business activity; and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets.

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