Wi-LAN Inc (OTCMKTS:QTRHF – Get Free Report)’s stock price rose 0.3% on Tuesday . The company traded as high as $1.8250 and last traded at $1.8250. Approximately 55,500 shares traded hands during trading, an increase of 67% from the average session volume of 33,252 shares. The stock had previously closed at $1.82.
Wi-LAN Price Performance
The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average is $1.94 and its two-hundred day moving average is $1.38. The stock has a market cap of $217.34 million, a price-to-earnings ratio of -4.26 and a beta of 1.11.
About Wi-LAN
Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.
Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.
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