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

Quarterhill Inc. (TSE:QTRH)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$0.90 and last traded at C$0.91, with a volume of 208033 shares traded. The stock had previously closed at C$0.93.

Quarterhill Trading Down 2.2%

The stock has a market capitalization of C$106.55 million, a P/E ratio of -5.35, a PEG ratio of 0.46 and a beta of 0.86. The stock’s fifty day moving average price is C$0.94 and its 200 day moving average price is C$1.06. The company has a debt-to-equity ratio of 47.89, a current ratio of 1.31 and a quick ratio of 2.58.

Quarterhill (TSE:QTRH) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$55.34 million for the quarter. Quarterhill had a negative net margin of 15.57% and a negative return on equity of 17.95%. Research analysts forecast that Quarterhill Inc. will post 0.0200567 earnings per share for the current year.

About Quarterhill

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. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.