Quarterhill (TSE:QTRH) Shares Down 0.8% – Here’s What Happened

Quarterhill Inc. (TSE:QTRHGet Free Report)’s share price traded down 0.8% during mid-day trading on Monday . The stock traded as low as C$1.31 and last traded at C$1.32. 37,699 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 77,248 shares. The stock had previously closed at C$1.33.

Quarterhill Stock Performance

The firm’s 50 day moving average price is C$1.37 and its 200-day moving average price is C$1.46. The firm has a market cap of C$108.13 million, a price-to-earnings ratio of -3.44, 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 current ratio of 1.31 and a quick ratio of 2.58.

Quarterhill Company Profile

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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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