Quarterhill (TSE:QTRH) Shares Down 0.6% – What’s Next?

Quarterhill Inc. (TSE:QTRH)’s share price dropped 0.6% during trading on Friday . The company traded as low as C$1.67 and last traded at C$1.69. Approximately 47,300 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 70,233 shares. The stock had previously closed at C$1.70.

Quarterhill Stock Down 0.6 %

The business’s 50 day moving average is C$1.63 and its 200 day moving average is C$1.64. 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 stock has a market cap of C$138.44 million, a price-to-earnings ratio of -4.40, a price-to-earnings-growth ratio of 0.46 and a beta of 0.66.

About Quarterhill

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.