Quarterhill (TSE:QTRH) Hits New 52-Week Low – What’s Next?

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

Quarterhill Price Performance

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 company has a debt-to-equity ratio of 47.89, a quick ratio of 2.58 and a current ratio of 1.31. The business has a fifty day simple moving average of C$0.94 and a 200-day simple moving average of C$1.07.

Quarterhill (TSE:QTRH) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.04) EPS for the quarter. Quarterhill had a negative return on equity of 17.95% and a negative net margin of 15.57%.The company had revenue of C$55.34 million during the quarter. Sell-side analysts expect that Quarterhill Inc. will post 0.0200567 earnings per share for the current fiscal year.

Quarterhill Company Profile

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.